What is the npv

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Question - An investor buys a building for $250,000 cash and leases it for payments of:

Year 1: $50,000

Year 2: $60,000

Year 3: $70,000

At the end of Year 3, the building will be sold for $300,000 in net sales proceeds. Similar investments yield a 12% return. What is the NPV?

Reference no: EM133085503

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