NO.PZ202405210200000304
问题如下：
Regarding the office building Esposito is analyzing, what most likely is the smallest property value that would meet his expected return requirement?
选项：
A.$8.5 million B.$10.6 million C.$12.0 million解释：
E(Rre) = Cap Rate + NOI Growth Rate – % Change in Cap Rate
E(Rre) = (1,000,000 / 12,000,000) + 3.5% – 0%
= 8.33% + 3.5% = 11.833%
Using Esposito’s minimum expected return requirement for office buildings, 13%, to solve for property value:
13% = (1,000,000 / Property Value) + 3.5% – 0%
9.5% = (1,000,000 / Property Value)
Property Value =
$10,526,316
这里答案前部分求E（Re）是想说明什么