Question: Question 15 5 pts Consider a property that is expected to produce a constant net operating income (NOI) of $200 per year in perpetuity. An

 Question 15 5 pts Consider a property that is expected to

Question 15 5 pts Consider a property that is expected to produce a constant net operating income (NOI) of $200 per year in perpetuity. An investor who is considering purchasing the property plans to hold it for 10 years. The investor expects the property to appreciate by 150% over this period. The discount rate is 15%. What is the maximum price an investor should be willing to pay for the property? $3,883.81 $2,970.52 O $1,488.86 O $3,333.33

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