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Given the following information, calculate the effective monthly rent payment. Lease Term: 7 years, Concession: 9 months free rent included in the term of the

Given the following information, calculate the effective monthly rent payment. Lease Term: 7 years, Concession: 9 months free rent included in the term of the lease, Rental Space: 7500 square feet, Rental Rate: $25 per square foot per year, Landlord's discount rate: 9.5%.

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