You buy a piece of land for $50,000. You think you will be able to sell it for three times this value in four years. Ignoring any net cash flow while you hold the land, what would be your return on this investment, stated in per annum terms with annual compounding?
Correct Answer:
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Q13: "Liquidity" refers to:
A) Location of real estate
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Q19: The nominal income return was:
A) 0%
B) 5%
C)
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