What is the annual incremental debt interest rate where. A property has a senior loan of $3,000,000

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What is the annual incremental debt interest rate where. A property has a senior loan of $3,000,000 at a 4% interest rate. A 2^nd lien of $500,000 at a 8% interest rate and an equity investment of $1,000,000.

Requiring a cumulative preferred return of 12%?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jul 13, 2023 12:08 AM

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What is the annual incremental debt interest rate where. A property has a senior loan of $3,000,000

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Senior loan 3000000 at a 4 interest rate Second lien 500000 at an 8 interest rate Equity investme... View the full answer

Income Tax Fundamentals 2013

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