You've been hired to estimate the value of an income producing property. You've calculated the Net Operating Income and you believe it will be constant each year over the holding period. Use the following information to value the property using the Discounted Cash Flow approach (note I've rounded the answer NOI per period $350,000 Holding period years Required return 9X Property's terminal value $4,250,000 $35 million $31.72 million $3.99 million 54.12 min