FIN 467 Inspiring Minds/uophelp.com

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FIN 467 Inspiring Minds/uophelp.com

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FIN 467 Inspiring Minds/uophelp.com

• FIN 467 Assignment 1
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• 1.      If you purchase a parcel of land today
  for 25,000, and you expect it to appreciate 10
  percent per year in value, how much will your
  land be worth 10 years from now assuming annual
  compounding? 

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FIN 467 Inspiring Minds/uophelp.com

• FIN 467 Assignment 2
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• B1. You are considering the purchase of a
  quadruplex apartment building. Effective gross
  income during the first year of operations is
  expected to be 33,600 (700 per month per unit).
  First-year operating expenses are expected to be
  13,440 (at 40 percent of EGI). Ignore capital
  expenditures. The purchase price of the
  quadruplex is 200,000. The acquisition will be
  financed with 60,000 in equity and a 140,000
  standard fixed-rate mortgage. The interest rate
  on the debt financing is 8 percen

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FIN 467 Inspiring Minds/uophelp.com

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