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S 2. What is the projected return on investment (ROI) for a 200-room motel to be built in Norfolk, Virginia? Use Means reported square foot

S 2. What is the projected return on investment (ROI) for a 200-room motel to be built in Norfolk, Virginia? Use Means reported square foot data. Consider the following assumptions: a. Median level of quality b. Eighty-five percent occupancy c. Nightly rate of $119 d. Ten percent profit e. Spring 2011 construction Return on investment = Dollar amount earned Dollar amount invested

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