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respresent answers like $400,000 as 400,000.00 and any cash outflow as a negative so -400,000.00 Present Value of a Perpetuity: Assume that a property generates

respresent answers like $400,000 as 400,000.00 and any cash outflow as a negative so -400,000.00 image text in transcribed

Present Value of a Perpetuity: Assume that a property generates annual net operating income of $10,000 into perpetuity. What is the present value of this property assuming a discount rate (or required rate of return or cap rate) of 7% annually

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