Question 6: Part C 2 of 3 JICA has let a shop in the subway redevelopment scheme to Ayala Malls a commercial retailer, for 12 years at a rent of 240,000 per year. The yield on prime retail property of this sort in the subway station s 5.5 per cent. What is the value of this lease?
Question 6: Part C 2 of 3 JICA has let a shop in the subway redevelopment scheme to Ayala Malls a commercial retailer, for 12 years at a rent of 240,000 per year. The yield on prime retail property of this sort in the subway station s 5.5 per cent. What is the value of this lease?
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
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