Assume that a tenant is paying $9/sqft rent and there is a 65% chance they will renew thier lease. Match the following 

1. If a new tenant would pay 12/sqft , the implied new rent would be (psf) 

2. If a tenant does not renew the property will stay vacant for 5 months . What is the implied vacant months? 

3. getting a new tenant will cost 5.5% commission keeping the existing tenant will cost 3% commission? what is the implied new commission in percentage.(%) ? 4. getting a new tenant will cost $7.5/sqft in improvements . the existing tenant will cost $5/sqft in improvements what are the implied tenant improvement costs per sqft?