Consider a strip mall in Jackson Heights, Queens that recently sold for a cap rate of 9.17%. It's NOI in the following year is $350,000 and is expected to grow at an annual rate of 2%. What is the implied IRR on this investment for the f the mall nooording to the Co South Dividend Discount model? Writo 29000 rito 5 6AY

Consider a strip mall in Jackson Heights, Queens that recently sold for a cap rate of 9.17%. It's NOI in the following year is $350,000 and is expected to grow at an annual rate of 2%. What is the implied IRR on this investment for the f the mall nooording to the Co South Dividend Discount model? Writo 29000 rito 5 6AY

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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