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Your friend Pedro is analyzing the highest and best use of some land. His estimates are in the table below. You believe that the warehouse

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Your friend Pedro is analyzing the highest and best use of some land. His estimates are in the table below. You believe that the warehouse income will grow at 3 percent per year instead of 2 percent. Required: . What would be the new implied land value for the warehouse? (Do not round intermediate calculations. Round final answer to the nearest dollar amount.)

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