What is the traditional cash equivalency approach used to, Finance Basics

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What is the traditional cash equivalency approach used to

1. What is the traditional cash equivalency approach used to determine how below-market-rate loans affect value?

2. How can the effect of below-market-rate loans on value be determined using investor criteria?

3. ARGUS. Refer to the Monument Office Building example. What is the leveraged IRR if the loan-to-value ratio is increased to 80 percent?

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