Question: 6. Given the following information, calculate the debt coverage ratio of this commercial loan: estimated net operating income (NOI) in the first year: $130,000; debt
6. Given the following information, calculate the debt coverage ratio of this commercial loan: estimated net operating income (NOI) in the first year: $130,000; debt service in the first year: $100,000; loan amount: $1,000,000; purchase price: $1,300,000. 0.15 1.30 0.67 1.50
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