The investor wants to invest in the purchase of an office building. He suggests he can rent it out for 10 years at an annual rent of 1,850,000. At the end of the tenth year it is expected to sell the company for 18 million d.e. Income rate 20% What is the current value of the building?

Answer rating: 100% (QA)

Solution Market Value of the office building is the sum of all PV on rent income and PV of its s... View the full answer