1)

$352,510

2)

$401,320

3)

$450,830

4)

$500,000

5)	Can not be determined with the information given.

Suppose you project the following information for a given property: constant NOI is $50,000; loan-to-value ratio is .80; mortgage constant is 0.1523; and the equity dividend rate is 10%. The estimated current value of the property is