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Gross Potential Income for a shopping mall will be 10 million in year 1 and is expected to grow at a 3% yearly inflation rate.

Gross Potential Income for a shopping mall will be 10 million in year 1 and is expected to grow at a 3% yearly inflation rate. The Gross Yield is 7%. What is the present value of gross potential income for the next 5 years, at time zero?

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