Question: Refer to the highest and best use analysis in table below. Required: Suppose that the warehouse income would grow at 3 percent per year instead

Refer to the highest and best use analysis in table below.

Refer to the highest and best use analysis in table below. Required: Suppose that the warehouse income would grow at 3 percent per year instead of 2 percent a. Does this change the highest and best use of the site? Yes No b. What is the new implied land value? (Do not round intermediate calculations. Round your final answer to the neorest dollar omount.)

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