Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 28 Aug 2017 My Price 6.00

CSM Consulting Engineers

During a period when the real estate market in Phoenix, Arizona, was undergoing a signifi cant downturn, CSM Consulting Engineers made an agreement with a distressed seller to purchase an office building under the following terms: total price of $1.2 million with a down payment of $200,000 now and no payments for 4 years, after which the remaining balance of $1 million wouldbe paid. CSM was able to make this deal because of poor market conditions at the time of purchase, and, at the same time, planning to sell the building in 4 years (when market conditions would probably be better) and move to a larger office building in Scottsdale, Arizona. If CSM was able to sell the building in exactly 4 years for $1.9 million, what rate of return per year did the company make on the investment?

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Aug 2017 03:08 PM My Price 6.00

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