A rental property is for sale for $600,000. The property has a tenant with a 4 year lease that pays the landlord $15,000 per month. The current relevant discount rate for this property is 6%. What is the Net Present Value (NPV) of the investment? Is this a good investment?
Group of answer choices
$23,719; Yes
$120,00; Yes
-$23,719; No
-$548,023; No
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