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You are advising Hilton Hotels to buy a hotel building. It is expected to generate $ 5 9 5 net operating income in the following
You are advising Hilton Hotels to buy a hotel building. It is expected to generate $ net operating income in the following year. You find that the Cap Rate for similar properties in the Hotel commercial real estate market is What is the purchase price you would recommend Hilton Hotels to buy the hotel following the Cap Rate valuation method? Write your answer up to cents eg if you get $ write
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