Your property is priced with an ex-ante risk premium of 6% over the ten-year treasury trading at 3%. The asset is paying $10 NNN rent for 30 years. Assume no change in the pricing yields, no capital expenditures, no purchase or sale fees, and a sale in year five. The un-levered IRR is 8%. What is the NPV?
A. <$0
B. =$0
C. >$0
D. insufficient information