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Question 6 Assume 5 year lease, CPI is 3%, Discount rate is 10%: Lease 2: Net lease with CP adjustments: Rent $16 psf in Y1

Question 6 Assume 5 year lease, CPI is 3%, Discount rate is 10%: Lease 2: Net lease with CP adjustments: Rent $16 psf in Y1 increasing by CPI each year All Opex paid by the tenant What is the effective rent (DO not use $ signs in your answer)

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