The annual gross rental income is $2.5 million , and the operating expenses are$ 500,000...
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Accounting
The annual gross rental income is $2.5 million , and the operating expenses are$ 500,000 . If the rental income and operating expenses are in the next 31 years, the annual rent will increase by 6%, and the operating expenses will increase by 2%. The discount rate According to 8%, what is the present value of the net operating income of the venue rental?
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