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Professional Properties is considering remodeling the office building it leases to Heartland Insurance, The remodeling costs are estimated at $2.8 million. If the building is

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Professional Properties is considering remodeling the office building it leases to Heartland Insurance, The remodeling costs are estimated at $2.8 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next five years. The discount rate is 12.5 percent. What is the benefit of the remodeling project to Professional Properties? Seleccione una: A. $119,666.04 B. $111,417.03 C. $105,214.70 D. $108,399.15 E. $89,072.00

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