Question: Please use excel when answering 2 5. Assume a property produces a level NOI of $74,000 per year. The property value is expected to increase

Please use excel when answering

2 5. Assume a property produces a level NOI of $74,000 per year. The property value is expected to increase by a total of 12 percent over a 4 year holding period. A 10 percent discount rate is considered appropriate. What is the indicated property value? A. $998,650 B. $ 595,917 C. $1,001,443 D. $ 599,482

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