A corporation is considering the purchase of an interest in a real estate syndication at a price of $ In return, the syndication promises to pay $ at the end of each month for the next years months
Required:
a If the interest in a real estate syndication is purchased, what is the expected internal rate of return, compounded monthly?
Note: Do not round intermediate calculations and round your final answer to decimal places.
b How much total cash would be received on the investment?
Note: Do not round intermediate calculations and round your final answer to the nearest whole dollar.
c Of the total cash received, how much is attributable to profit?
Note: Do not round intermediate calculations and round your final answer to the nearest whole dollar.
c Of the total cash received, how much is attributable to return of capital?
Note: Do not round intermediate calculations and round your final answer to the nearest whole dollar.
tablea Expected internal rate of return,b Total cash received,c Profit,c Return of capital,
