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A developer is going to spend 2 million on a property but will be able to charge 750,000 in additional rent in the first 3

A developer is going to spend 2 million on a property but will be able to charge 750,000 in additional rent in the first 3 years and 500,000 in the next 2 years. If it has a discount rate of 11%, what is the value of this project?

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