Multiple Choice
What is the Present Value of property with has a current year NOI of $100,000, which will grow at 3% per year, and can be discounted at a rate of r=8%?
A) $2,000,000
B) $909,091
C) $1,250,000
D) Cannot be determined from given information
Correct Answer:

Verified
Correct Answer:
Verified
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