Question: Question 3 Dout of 33 33 point A developer wants to finance a project costing $1.85 million with a 20 year loan at an interest

Question 3 Dout of 33 33 point A developer wants to finance a project costing $1.85 million with a 20 year loan at an interest rate of 4.5 percent. The project's NOT is expected to be $121.000 during your x and the Nol, as well as its value, la expected to increase at an annual rate of 2 percent that What will be the maximum loan-to-value (LTV) the lender requires a minimum debt coverage ratio of 1 20 for year 19 Selected Answer: 1311633.55

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