A $10 million real estate project has a 60% LTV loan. The developer will contribute 10% of the total equity and the investor group will provide the remainder. What is the investor group's equity contribution to the deal? \begin{tabular}{c} $3,600,000 \\ \hline$400,000 \\ \hline$5,400,000 \\ \hline$600,000 \end{tabular} Question 2 A $10 million real estate project has a 60% LTV loan. The developer will contribute 10% of the total equity and the investor group will provide the remainder. What is the developer's equity contribution to the deal? $3,600,000 $400,000 $5,400,000 $600,000 Question 3 A $10 million real estate project has a 60% LTV loan. The developer will contribute 10% of the total equity and the investor group will provide the remainder. The investor group has an 8% preferred return and the developer has a 6% preferred return. What is the investor group's preferred return (in dollars)? \begin{tabular}{c} $288,000 \\ \hline$20,000 \\ \hline$24,000 \\ \hline$200,000 \\ \hline \end{tabular}