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book Real Estate Principles 3rd Edition by David Ling,Wayne Archer cover

Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Edition 3ISBN: 978-0073377322
book Real Estate Principles 3rd Edition by David Ling,Wayne Archer cover

Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Edition 3ISBN: 978-0073377322
Exercise 13
An appraiser estimates that a property will produce NOI of $25,000, the y 0 is 11 percent, and the growth rate is 2.0 percent. What is the total property value (unrounded)
A) $277,778.
B) $227,273.
C) $323,762.
D) $243,762.
E) $231,580.
Explanation
Verified
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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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