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Present values of the two future streams of property taxes

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Reference no: EM133130219

Boba Fett and Lando Calrissian own identical houses in the same neighbourhood. The only difference between the two is that Lando's house is subject to an annual property tax payment that is by $450 higher than Boba's. Assume that the relevant discount rate is 3%3%.

What is the difference between the present values of the two future streams of property taxes?

Reference no: EM133130219

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