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Business, 20.09.2019 23:00 2alshawe201

As a real estate speculator, you are planning and able to buy a house that costs $200,000, borrowing the full amount with no money down with the goal of selling this same property in exactly one year. mortgage interest rates are 5%, and the expected increase in housing prices is 2%. (all rates and percentages are annual values.)what is your expected capital gain/loss when you flip the house in one year? the expected capital gain (or loss) is nothing. (round your response to the nearest dollar.)

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