Question: SOLVE USING EXCEL!!!!DO NOT SOLVE BY HAND. WILL RATE . THANKS 6- An office building should last 60 years, but this owner will sell it

SOLVE USING EXCEL!!!!DO NOT SOLVE BY HAND. WILL RATE .SOLVE USING EXCEL!!!!DO NOT SOLVE BY HAND. WILL RATE .THANKS 6- AnTHANKS

6- An office building should last 60 years, but this owner will sell it at 20 years for 40% of its construction cost. For the first 20 years it can be 76 leased as Class A space, which is all this owner operates. When the building is sold, the land's cost will be recovered in full. $2.2M Land $4.1M Building $640,000 Annual operating and maintenance 4% Annual property taxes and insurance % of initial investment) (a) If the owner wants a 12% rate of return, what is the required monthly leasing cost

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