1. Given the following information, calculate the Net Present Value for this investment: First-year NOI: $18,775 with an annual growth rate of 7%; Purchase Price = $ 520,000; Equity Investment = 20%; Discount Rate = 12%; BTER = $ 840,000
A. $ 420,298
B. $ 553,298
C. $ 449,298
D. $ 520,298
2. You pay 4% front-load and 2% back-load to a mutual fund. Annual expense ratio is 1.3%. The fund's investments lost 5% in one year after you invested. What is your return, assuming you sell after 1 year?
A. -11.79%
B. -12.3%
C. -10.3%
D. -12.65%