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The NOI at the end of year 3 is $75,000. It is expected to grow at 2% per year in perpetuity. Market yields for this
The NOI at the end of year 3 is $75,000. It is expected to grow at 2% per year in perpetuity. Market yields for this type of property are 5% per year. Determine the horizon value at the end of year 3.
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