Question
Consider a building with a very long economic life. Assume at the end of year 11, NOI will be $45,879 as is expected to grow
Consider a building with a very long economic life. Assume at the end of year 11, NOI will be $45,879 as is expected to grow at a rate of 2.1 percent per year. You companys required rate of return is 10 percent. What is the reversion value (REV) at the end of year 10?
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Financial Accounting International Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
6th Edition
978-0470623275
