You are doing a discounted cash flow analysis on a property and need to determine a terminal value at the end of year 10. The required rate of return is 12%, the risk free rate of return is 2%, and the long-term growth rate of the property's NOI is expected to be 3%. If the year 11 NOI is expected to be $120,000, what would be the most appropriate terminal value or sale price of this property at the end of year 10? $1.0 million O $1.1 million O $1.7 million $1.3 million