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show steps on finance calculator 21. An investor is considering the purchase of an office complex. Next year's NOI and cash flow is expected to
show steps on finance calculator
21. An investor is considering the purchase of an office complex. Next year's NOI and cash flow is expected to be $1,000,000 and economic forecast of market supply and demand and vacancy levels will continue to be in balance. As a result NOI should increase by 4 percent each year and the investor believes she should earn 12% total return on the investment. What is the NPV of this investment if the purchase price is \$13M? a. 777,778 b. 500,000 c. +500,000 d. 8,333,333 e. Some other amountStep by Step Solution
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