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Assume that we have a commercial real estate property whose projected 5-year cash flows are the following: Year -1: -$50 Year 0: -$100 Year 1:

Assume that we have a commercial real estate property whose projected 5-year cash flows are the following: Year -1: -$50 Year 0: -$100 Year 1: $20 Year 2: $25 Year 3: $30 Year 4: $35 Year 5: $140 Assuming a discount rate of 2%. Assume further that the first years annual debt service is $5. What is the Cash Throw Off (CTO)?

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