1. You are analyzing the purchase of a 6 unit apartment building. Provide an outline of a net operating income statement and explain how you will prudently analyze and examine the statement to hopefully minimize your chances of making a bad investment.
2. Tri-coat Paints has a current market value of $46 per share with earnings of $3.62. What is the present value of its growth opportunities (PVGO) if the required return is 8%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) PVGO $ =