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Please solve in excel with formulas 21. A. An appraiser has determined that an existing shopping center which has an annual net operating income of

Please solve in excel with formulas
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21. A. An appraiser has determined that an existing shopping center which has an annual net operating income of $1,100,000 is the highest and best use of the site. The value of the improvements from comparable sales is $1,200,000 (based on the cost). If the appropriate building capitalization rate is 0.14 and the appropriate land capitalization rate is 0.10. What is the value of the site

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