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the following Gbestios th e Show our aniswiel 31. Assume you made a $10,000 inve

ID: 2799384 • Letter: T

Question

the following Gbestios th e Show our aniswiel 31. Assume you made a $10,000 investment 5 years ago. Today, the value of your investment has doubled. What is the average annual return you have earned on your investment? Your answer 32·What is the yield on a real estate investment given the following information? Initial price paid $340,000, Net rental income $60,000: Final price sold $320,000. Your answer 33. Cars "R" Us is considering a project that has the following cash flows. The project's appropriate discount rate is 8.16%. sh flows$9,000 53,500 $4,500 56,500 Calculate the project's NPV Your answer Page 9 of 20

Explanation / Answer

Yield on the investment = 11.77%

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Yield = Total gain on the asset/initial investment

          = (320000 – 340000 + 60000)/340000

          = 40000/340000

          = 0.117647 or 11.77%

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