Question
If the Net Operating Income for the subject property is determined to be $45,000/year. The Net Operating Income and the Value of the property are
If the Net Operating Income for the subject property is determined to be $45,000/year. The Net Operating Income and the Value of the property are expected to grow at 5% each year. The Discount rate is determined to be 12% what is the indicated value of the property.
**please show work**
ANS: $642,857. 14
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
