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Determine the internal rate of return of the investment opportunity based on the following information. Expected...

Determine the internal rate of return of the investment opportunity based on the following information. Expected Holding Period: 2 years; End of first year NOI estimate: $1,130; NOI estimate in subsequent year will grow by 5% per year; The property is expected to be sold at the end of year 2: $16,000; Current market price of the property: $14,000. Using discount rates of 14% and 16% for NPV, then solve for IRR using the Trial and Error method

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