Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Don't provide answers in image format
Transcribed Image Text:Construction Finance. (Building size:
70,000 square feet. Land Costs
2,000,000; Hard Costs 7, 000, 000; Soft
Costs 1,000,000; Developer Fee 6% of
hard costs; Equity Return 18%.
Construction Loan Amount 7,000,000).
What is the dollar per square foot of
construction costs?? Group of answer
choices 114.29 124.23 106.44 142.85
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