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5. You are looking at a plot of land. You know the best case scenario for a building is that rent is 150,000 and expenses
5. You are looking at a plot of land. You know the best case scenario for a building is that rent is 150,000 and expenses are 35,000. The construction costs will be 800,000. What's the max bid you should submit if your required return is 10% and your growth rate is 1.5%
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