Suppose that the required return on the property in the first quantitative question above is $11\%$ instead of $12\%.$ What would the value of the property be$?$ By what percentage has this value changed as a result of this $100-$basis$-$point change in the required return? $($Note the sensitivity of property value to small changes in the expected return discount rate used in the denominators of the right$-$hand side of the DCF valuation equation.$)$