Question: You purchase a property for $ 1 2 5 , 0 0 0 . Your cash flow from the first year is $ 6 ,
You purchase a property for $ Your cash flow from the first year is $ Each year, your cash flow grows by After years cash flows you sell the property for $ What is your internal rate of return on this investment property?
Answer should be formatted as a percent with decimal places eg
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
