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- Question 1 1 point Lakeview Properties is evaluating a real estate investment of Seabreeze Estates. Management plans t
Posted: Sun Jul 03, 2022 6:42 am
by answerhappygod
- Question 1 1 Point Lakeview Properties Is Evaluating A Real Estate Investment Of Seabreeze Estates Management Plans T 1 (51.44 KiB) Viewed 11 times
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Question 1 1 point Lakeview Properties is evaluating a real estate investment of Seabreeze Estates. Management plans to buy the property today and sell it 8 years from today. The initial cost of the property is $12 million and the expected sale price is $52 million. What is the IRR of the investment? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answer. Enter your response below. Number %