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In order to lease up an office building during a depressed market, an owner has offered free rent over multiple years. Because of this, the
In order to lease up an office building during a depressed market, an owner has offered free rent over multiple years. Because of this, the most recent three years of NOI are not an indicator of the future NOI. What should be used to calculate a market value?
Select one:
a NPV
b Discounted cash flow analysis
c Value enhancement
d Investment value
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