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Question 3 (1 point) Given the following information, calculate the debt coverage ratio of this commercial loan. Estimated net operating income (NOI) in the first
Question 3 (1 point) Given the following information, calculate the debt coverage ratio of this commercial loan. Estimated net operating income (NOI) in the first year: $150,000 Debt service in the first year: $95,000 Loan amount:$1 Note: enter answer as a decimal with two decimal points, for example: 1.15 or 0.62 Loan amount: $1,000,600 Purchase price: $1,300,000 Your
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