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To assess the performance of a property (such as calculating NPV or IRR) purchased on an all cash basis (no leverage used), it would be

To assess the performance of a property (such as calculating NPV or IRR) purchased on an all cash basis (no leverage used), it would be acceptable to use the propertys _______. If instead you were computing what you expect to be your return on the property after using leverage, you would want to use _________. Ignore taxes for this question. a. Free cash flow, NOI b. Gross Potential Income, Free cash flow c. Free cash flow, Gross potential income d. NOI, Free cash flow

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