1. At this very moment, an online auction is occurring in Jackson TN, and the bidding relates to a high-quality currently occupied, 11,260 square foot medical office building that was constructed in 2007. The building is situated on a 1.93-acre lot which goes along with the building. (a) What information must you have in order to make an intelligent bid? Explain. (b) What rate of discount will you use and why?