Question
Consider a building with a very long economic life. Assume at the end of year 11, NOI will be $46,706 as is expected to grow
Consider a building with a very long economic life. Assume at the end of year 11, NOI will be $46,706 as is expected to grow at a rate of 1.1 percent per year. You companys required rate of return is 13 percent. What is the reversion value (REV) at the end of year 10?
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
