Business, 21.04.2020 04:25, tabyers2645

A shoe store is for sale for $2,000,000. It is estimated that the restaurant will earn $200,000 a year for the next 11 years. At the end of 11 years, it is estimated that the restaurant will sell for $3,500,000. What would be most likely to occur if the investor's required rate of return is 15%?

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A shoe store is for sale for $2,000,000. It is estimated that the restaurant will earn $200,000 a ye...