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What is the value of a property which has a current year NOI of $2,000,000, which will grow at 4% per year, and can be
What is the value of a property which has a current year NOI of $2,000,000, which will grow at 4% per year, and can be discounted at a rate of r=12%?
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$25,000,000
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$16,700,000
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$20,000,000
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None of the above
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All of the following are components of the operating expenses of a property except:
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Property taxes
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Management expenses
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Electricity bill
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Income taxes
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Hazard insurance expense
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