What is the present value of an apartment building that generates an after-tax cash flow of $30,000
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the present value of an apartment building that generates an after-tax cash flow of $30,000 in year one, $32,000 in year two, $35,000 in year three, $20,000 in year four, and $21,000 in year five? Assume that the discount rate is 16%. (round to the nearest cent) Can you walk through the steps to solve them?
Book: Real Estate Principles, A Value Approach, 6th Edition (Chapter 14 - time, opportunity cost, and value decisions)
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date: