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Please show the working progress!! Thx Consider the following commercial property opportunity for a 2 year investment: Rental income is remains constant, operating expenses grow

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Please show the working progress!! Thx

Consider the following commercial property opportunity for a 2 year investment: Rental income is remains constant, operating expenses grow 2% each year, . You expect to sell the building by a cap rate of 7.5 applied to the year 3 NOI Value $1,600,000 $700,000 - Net operating income $900,000 Net revenue Less Operating expenses If you can buy the building for 10 million dollars today, and your desired return is 12%, would you buy the building? a. No b. Not enough information is provided to make an informed decision C. Yes

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