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The cost of holding the building will be 8 per year the

A building will sell for $4 million in 6 years to the police department. The cost of holding the building will be 8% per year. The cost of acquiring the property was $3.2 million. What is the project's NPV?

Please calculate the IRR for the project describe in question #3.

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Finance Basics: The cost of holding the building will be 8 per year the

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