Question
Given the following information, calculate the Levered Equity Multiple for this property: equity outflow at time zero: -$200,000; discount rate: 18%; Entrance Cap Rate: 6.00%;
Given the following information, calculate the Levered Equity Multiple for this property: equity outflow at time zero: -$200,000; discount rate: 18%; Entrance Cap Rate: 6.00%; Exit Cap Rate: 6.25%; BTCF for year 1: -$25,876; BTCF for year 2: -$3,998; BTCF for year 3: $23,013; BTER in year 3: 345,000.
answer is 1.6 just dont know how to get to it
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
