Question
A freehold property has just been sold for $32,000,000. The property was subject to a recently negotiated lease but the rental has not yet been
A freehold property has just been sold for $32,000,000. The property was subject to a recently negotiated lease but the rental has not yet been disclosed. The purchaser will adopt a notional yield of 8%. Ignoring purchasers costs, what rental value does this transaction show?
| a. | $3,020,000. | |
| b. | $2,650,000. | |
| c. | $2,560,000. | |
| d. | $3,200,000. |
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Basic Food And Beverage Cost Control
Authors: Jack E. Miller, David K. Hayes
1st Edition
0471579181, 978-0471579182
