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Orangemen Lofts plans to add 300 luxury apartments to its complex in Cohoes. The cost of the land now is $16 million including taxes and fees. The construction cost is expected to be $64 million including the cost of the central amenities. The annual maintenance and operating cost is expected to be $450,000. The company also estimates the market value of the property to be 72% of the construction price after 11 years. The average occupancy rate of 88% is expected each year. What is a minimum monthly rent required to make this investment economically acceptable if the company's minimum attractive rate of return is 6% per year, compounded monthly?
1) Jimmy runs a business in his basement that spin aligns and marks golf balls with logos for tournaments. The automated machine goes through three serial steps; the first step tak
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classification of linear programming on the basis of structure
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IT is one of most globally integrated corporate function how is IT different from other business areas when it comes to global integration? why do you think this is the case?
Question 1: (a) "Alone of all non-western countries Japan has become a modern society, because her reforms based the new "Westernised" behaviour on traditional Japanese values
Orange Company is allocating its advertising budget for its new smartphone targeting graduate and undergraduate students in RTP. The company has invited representatives from the lo
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