q.13

You've completed your proforma analysis of an investment real estate deal and the following numbers (among many others) are shown on your spreadsheet: Regarding the proforma above, which statement is FALSE? Ch12 a. Our required return is likely to be higher for the leveraged analysis b. This deal does not appear to be viable. c. The IRR amounts depend, in part, on our estimate of sale price at the end of our holding period d. We appear to need approximately $4.8 million of equity (ignoring closing costs; leveraged deal)