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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 9
Present value:
A) In excess of zero means a project is expected to yield a rate of return in excess of the discount rate employed.
B) Is the value now of all net benefits that are expected to be received in the future.
C) Will always equal zero when the discount rate is the internal rate of return.
D) Will always equal a project's purchase price when the discount rate is the internal rate of return.
A) In excess of zero means a project is expected to yield a rate of return in excess of the discount rate employed.
B) Is the value now of all net benefits that are expected to be received in the future.
C) Will always equal zero when the discount rate is the internal rate of return.
D) Will always equal a project's purchase price when the discount rate is the internal rate of return.
Explanation
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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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