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Centerland Partners has collected information on the recent purchases of three small shopping centers. Centerland is considering the purchase of a similar property with an
Centerland Partners has collected information on the recent purchases of three small shopping centers. Centerland is considering the purchase of a similar property with an NOI of $ million. a What is the market capitalization rate? Do not round intermediate calculations. Enter your answer as a percent rounded to decimal place. Answer is complete but not entirely correct. b What valuation should Centerland assign to the target property? Round your answer to decimal places.
Centerland Partners has collected information on the recent purchases of
three small shopping centers. Centerland is considering the purchase of
a similar property with an NOI of $ million.
a What is the market capitalization rate? Do not round intermediate
calculations. Enter your answer as a percent rounded to decimal
place.
Answer is complete but not entirely correct.
b What valuation should Centerland assign to the target property?
Round your answer to decimal places.
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