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Question 9 (5 points) Given the following information, calculate the effective monthly rent payment. Lease Term: 10 years, Concession: 1 year free rent to be

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Question 9 (5 points) Given the following information, calculate the effective monthly rent payment. Lease Term: 10 years, Concession: 1 year free rent to be spread over the term of the lease, Rental Space: 5000 square feet, Rental Rate: $30 per square foot per year, Landlord's discount rate: 9% Excel link: Excel Sheet.xlsx $5,687 $10,689 $7,081 $10,621

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