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Please help with 22 and 23 .._ n v 22. [5] You want to estimate the value of a property at time t = 0
Please help with 22 and 23
.._ n v 22. [5] You want to estimate the value of a property at time t = 0 (V0) using the income approach to valuation. Consider a property with a 2-year useful life a cashow enerated by the property of $6,000 per year, and a required rate of return of 5 percent. The payout comes at the end of the year (thus, you would discount therst year ofcashow). What is V0? Enter a whole number with no $, commas, or decimal places. For example, if your answer were $1,442.23, you would enterl442. 23. [4] You wish to estimate the value (V) of an existing building using thecost approach Su ose the cost of constructing a new, identical building is $350,000. Suppose further that, due uh you apply an adjustment factor of 0.2. What is your estimate of V? Enter a whole number with no $, commas, or decimal places. For example, if your answer were $1,442.23, you would enter 1442Step by Step Solution
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