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Calculate the Value of an asset, assuming the NOI is $140,000 per year for 12 years with the first cash flow at the end of

Calculate the Value of an asset, assuming the NOI is $140,000 per year for 12 years with the first cash flow at the end of year 1. The value of the asset will increase by 80% over the 12 years. The discount rate is 12%. (hint 1: V= (PV of PMTS) + {(1+increase in value)/(1+discount rate)^N } times V.)

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