Questions 49-50 are based on the information given on the first picture.

Canvas 0 D Question 38 Use the following information to answer questions 38-50 Commercial Property Leasable Space Average Annual Rent $17.00/sq ft Average Annual Rent Grwth V&C Losses Operating Expenses =35% of E Miscellaneous Income-$1.50/sq ft MI Annual Growth Going-out Cap Rate Discount Rate Selling Expenses 300,000 sq ft -20% of EGI =80% 6% 30 yrs 75% Cap Expenditures LTV 2.5%/year Loan Interest Rate Amortization % Bldg/Total Value .8% of PGI GI Corporate Tax Rate .30% Cap Gains Tax Rate-15% Accum Dep Tax Rate 25% Years of Ownership -5 years Purchase Price $22.5M 2%/year = 10.5% 10% -6%