The following information applies to the next three questions: Suppose an office building in central Paris is anticipated to produce an NOI of 800 Euros per square meter next year. Thereafter, NOI is expected to grow at a rate of 3% per year indefinitely. You can purchase the property at a 5% cap rate. You plan to hold the property for 5 years. You feel pretty confident that rents will indeed grow at 3% annually. The big unknown in your mind is what the terminal cap rate will be. Based on some consultancy reports you've seen, there is a 50% chance that the property will sell at the going-in cap rate, a 20% chance that the property will sell at a 6% cap, and a 30% chance that the property will sell at a 3.5% cap. You buy the property with 100% equity. What is your IRR (in percent) under the most likely scenario

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Which stage of group development involves members introducing themselves to each other?

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting