$3.$ Using the year $1$ cash flow, compute the project's effective gross income multiplier $($EGIM$),$ operating expense ratio $($OER$),$ debt coverage ratio $($DCR$),$ cash$-$on$-$cash $($COC$)$ return, and debt yield ratio $($DYR$).(15$ points$)$

$4.$ The project's annual before$-$tax operating cash flows and before$-$tax equity reversion at the end of year $10.(12$ points$)$

$5.$ Compute the project's unlevered and levered NPV using the DCF method if the unlevered and levered discount rates are $\backslash (10\backslash \%\backslash )$ and $\backslash (15\backslash \%\backslash ),$ respectively, under the assumption that the entire investment occurs instantaneously at the beginning of Year $1.$ Should the developer go ahead with this project? Explain. $(18$ points$)$ Appendix Tables:

Table $1$: Year $1$ Income Assumptions

Table $2$: Development Costs

Table $3$: Operating Expenses in Year $1$