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29. A potential investor in a property desires a 14% return but the long-run return of this type of property is expected to be 9%
29. A potential investor in a property desires a 14% return but the long-run return of this type of property is expected to be 9% during the holding period. IF the return to debt is observed in the market as 4%, what LTV will obtain the investor his desired return? a. 50% b. 60% c. 75% d. 80%
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