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Problem 5 Your aunt Janet bought a land for $125,000 cash 12 years ago. The inflation rate has avearged 4% per year for
Posted: Sun Jun 05, 2022 3:57 pm
by answerhappygod
- Problem 5 Your Aunt Janet Bought A Land For 125 000 Cash 12 Years Ago The Inflation Rate Has Avearged 4 Per Year For 1 (20.02 KiB) Viewed 48 times
Problem 5 Your aunt Janet bought a land for $125,000 cash 12 years ago. The inflation rate has avearged 4% per year for the last 12 years. She wants to sell her property now, exactly 12 years after the property was purcahsed. She would like to have a 9% after-tax real rate of return. If capital gain tax rate is 15%, what should be her selling price.