You are considering purchasing an apartment building for 12, Financial Management

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You are considering purchasing an apartment building for 12

You are considering purchasing an apartment building for 1.2 million dollars. You expect the yearly cash inflows for the first three years to be $175,000 and year 4 and 5 will be $200000 and 250,000 respectively. At hte end of year 5 you sell the building for 1.4 million dollars. What is the NPV assuming a 15% required return on investment? Please show how to work on BAII Plus Calculator

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