Real Estate Finance And Investments
Real Estate Finance And Investments
6th Edition
ISBN: 9781259919688
Author: BRUEGGEMAN, William B., Fisher, Jeffrey D.
Publisher: Mcgraw-hill Education,
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Chapter 3, Problem 10P
Summary Introduction

To determine: Person J should but the lot. Also, calculate the internal rate of return with an annual compounding on the investment if Peron J buys the property for $7,000 and is able to sell it ten years later for $15,000.

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