Question
Assume in a particular year aprojecthas the following financials: NOI o $700,000; Annual Bedt Service o $430,000 (of which $400k is intrest and 30k is
Assume in a particular year aprojecthas the following financials: NOI o $700,000; Annual Bedt Service o $430,000 (of which $400k is intrest and 30k is priciple); original loan debt of 6.2M: 39 yr depreciable life: $8M non-land project cost; $300k land cost: ordinary incometax rate of 28%, round to nearest $1000
What are the BTCF and ATCF for this year?
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Fundamentals Of Financial Management Concise
Authors: Eugene F. Brigham, Joel F. Houston
11th Edition
0357517717, 9780357517710
