The Year $4$ Net Operating Income $($NOI$)$ is equal to:

a$.$ $$1,671,873$

b$.$ $$1,688,263$

c$.$ $$1,691,372$

d$.$ None of these

$67.$ The Year $4$ Cash Flow from Sale is equal to:

a$.$ $$15,922,590$

b$.$ $$19,861,917$

c$.$ $$19,669,092$

d$.$ None of these

$68.$ The Year $4$ Total Before$-$Tax Equity Cash Flow is equal to:

a$.$ $$1,171,872$

b$.$ $$1,671,872$

c$.$ $$10,840,965$

d$.$ $$9,669,086$

$69.$ The Discount Factor in Year $4$ is equal to:

a$.0\mathrm{.}6707$

b$.(1+0\mathrm{.}105{)}^4$

c$.0\mathrm{.}7412$

d$.\frac{1}{(1+0\mathrm{.}085{)}^4}$

$70.$ The Discounted Cash Flow in Year $4$ is equal to:

a$.$ $$7,271,413$

b$.$ $$16,162,806$

c$.$ $$8,043,907$

d$.$ $$7,822,557$

$71.$ True or False: The Discount Rate is equal to the Weighted Average Cost of Capital minus the Terminal CAP Rate:

a$.$ True

b$.$ False

$12$