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Business, 25.02.2020 21:57 allsherm23

An investor asks you to establish a value for a small office building. The NOI for each year is as follows: YR 1 $102,000, TR 2 $111,000 and YR 3 $118,500. The property is expected to sell for $2.2 million at the end of year three. The investor's required rate of return is 5.5%. The property value is:

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An investor asks you to establish a value for a small office building. The NOI for each year is as f...
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