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Suppose you want to purchase an apartment complex that has a monthly rents of 100,000AED. The current maintenance agreement costs 20,000AED annually. If the long

Suppose you want to purchase an apartment complex that has a monthly rents of 100,000AED. The current maintenance agreement costs 20,000AED annually. If the long term interest rates are at 5%, what is the fair market value of this apartment complex ?

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