What is correct or incorrect for the work you have completed so far. It does not indicate completion 6 You are an employee of University Consultants, Limited, and have been given the following assignment. You are to presentan investment analysis of a small retail Income-producing property for sale to a potential investor. The asking price for the property is $1270,000,rents are estimated at $162.560 during the first year and are expected to grow at 25 percent per year thereafter Vacancies and collection losses are expected to be 10 percent of rents. Operating expenses will be 35 percent of effective gross Income. A fully amortizing 70 percent loan can be obtained at 6 percent interest for 30 years potlannual payments will be monthly payments *12. The property is expected to appreciate in value at 3 percent per year and is expected to be owned for five years and then sold Required: a. What is the first-year debt coverage ratio? b. What is the terminal capitalization rate? What is the investor's expected before-tax internal rate of return on equity invested BIRA? d. What is the NPV using a 14 percent discount rate? e. What is the profitability index using a 14 percent discount rate? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required Required Retired Hered E What is the investor's expected before-tax internal rate of return on equity invested (BTIRR)? (Do not found item aculations. Enter your answer as a percent rounded to 2 decimal places TRR 4551 Route 3. What is the profitability Index using a 14 percent discount rate? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required D Required Required What is the NPV using a 14 percent discount rate? (Do not round Intermediate calculations, Round your final answer to the nearest dollar amount.) NPVuly $ 448,161