Assume the appropriate discount rate is 12 percent (annual). Assume an income producing property investment...

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Assume the appropriate discount rate is 12 percent (annual). Assume an income producing property investment is expected to produce a $10,000 per year net income stream to be received at the end of each year for 15 years. In addition, the cash flow from the sale of the property at the end of the fifteenth year is expected to be $150,000. What is the present value of this investment opportunity? O $82,141 O $95,514 O $218,109 O None of the selections is within a $1 of the correct answer O$400,202

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