Question: Answer that is right and fast equals thumbs up 25 An industrial park and office complex is available for sale in Stow. Cash flows from

 Answer that is right and fast equals thumbs up 25 An

Answer that is right and fast equals thumbs up

25 An industrial park and office complex is available for sale in Stow. Cash flows from rent amount to $2,000,000 per year, every year, for the next fifteen years. Financing arrangements are made to borrow at 7.35% Calculate the value of the property a 14,525,323.20 b. 15,106,321.22 c. 16,375,215.22 d. 17,819,882.53 26 A bond with a $1,000 par value has an 7.35% coupon rate. It will mature in 5 years, and coupon payments are made semi-annually annually. Present annual yields on similar bonds are 7.07%. What should the current price be; a 1,011.72 b 1,011.46 c 1,011.62 d 1,011.22

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