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Question 16 2 pts All of the following are operating expenses except: Property taxes Cost recovery Common area utilities Insurance Payroll taxes Question 17 3.5
Question 16 2 pts All of the following are operating expenses except: Property taxes Cost recovery Common area utilities Insurance Payroll taxes Question 17 3.5 pts Unimproved land suitable for multifamily development has increased in value over the past 10 years at an annual rate of 7 percent. If this trend continues, that site valued at $160,000 today would have an approximate value eight years from now of: $93,000 O $171,563 O $274,910 $249,675 O $230,000 Question 18 3.5 pts An investor pays $25,000 for the equity portion of the subject property. It is expected that the end of year 10 sales proceeds before taxes will be $77,646. The investor's indicated before-tax internal rate of return (to the nearest whole percent) on this investment is: O 12 percent 16 percent 10 percent O 14 percent O 18 percent
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