1. Can someone please help me with this multiple choice question on real estate?
What would be one of the short - term effects of an increase in demand for space usage?
a) Actual quantity demanded would be higher in all cases
b) rents would increase
c) Rents would decrease
d) new development would decrease
2. A project has cash flows of -$119,000, $52,800, $60,200, and $33,100 for years 0 to 3, respectively. The required rate of return is 12 percent. Based on the net present value of _____, you should _____ the project.
A) $230.75; accept
B) -$1,995.84; reject
C) $283.60; accept
D) -$147.60; accept
E) -$306.15; reject