A company decides to sell its headquarters building and receives $2$ proposals for a sale and leaseback. See the Excel file for details of each proposal and space for your ANSWERS.$\backslash$table$[[$PROPOSAL$,$Proposal A$,$Proposal B$],[$purchase price,$$25,000,000,$$$21,000,000],[$starting rent, year $1,$$$2,000,000,$$$1,650,000],[$rent change$/$yr$,6\mathrm{.}00\%,2\mathrm{.}00\%],[$lease term, years,$10,10],[$Tl allowance,$$2,000,000,$$$1,750,000],[$Tl interest rate,$8\mathrm{.}25\%,7\mathrm{.}50\%],[$Tl payment,ANSWER,ANSWER$],[$expenses & taxes, yr $1,$$$1,000,000,$$$1,000,000],[$expense inflation per year,$3\mathrm{.}50\%,3\mathrm{.}50\%],[$company hurdle rate of return,$9\mathrm{.}00\%,8\mathrm{.}00\%],[$ANSWER ANNUAL OCC. COSTS,Proposal A$,$Proposal B$],[,1$ ANSWER,ANSWER$],[,2$ ANSWER,ANSWER$],[,3$ ANSWER,ANSWER$],[,4$ ANSWER,ANSWER$],[,\backslash$table$[[5$ ANSWER$],[6$ ANSWER$]],\backslash$table$[[$ANSWER$],[$ANSWER$]]],[,7$ ANSWER,ANSWER$],[,8$ ANSWER,ANSWER$],[,9$ ANSWER,ANSWER$],[,0$ ANSWER,ANSWER$],[$present value of occupancy costs,ANSWER,ANSWER$],[$net present value of occupancy costs,s ANSWER,ANSWER$],[$which proposal do you recommend?,,SVV$]]$