Client needs you to populate the cells for questions 1 and 2 save it and send the spread sheet back to me.
You are an investor with £12 million cash to invest. You wish to purchase an office building with this cash. You have a choice between three identical office buildings that are located in different areas of the same city. The following information is available regarding the three possible investments:
Building 1 Building 2 Building 3
Distance from the CBD (km) 0 5 10
Floor space (square metres) 1,000 1,500 2,000
Asking price (GBP) 8,000,000 12,000,000 11,000,000
Management costs (GBP per square metre per month) 15 5 10
Commercial rent in the central business district (CBD) is £60 per square metre per month and decreases cumulatively by 5% for each kilometre located away from the CBD.
Building 2 has been certified as complying with sustainability standards.
A suitable discount rate for all areas is 6%.
There is a fountain outside Building 1 that you can persuade the local government to renovate by the time you purchase the property. Similar renovations to properties in the area have increased the rent charged per square metre by 3%.
The local government will impose a 2% tax, by the time you complete the purchase of the property, on the sale of all properties that are not certified as compliant with sustainability standards. Ignore the effects of any other taxes.
Calculate the net present value and internal rate of return of each building assuming that net operating income will be received in perpetuity. Round your calculated net present value to the nearest pound and your calculated internal rate of return to two decimal places.
Recommend, based on your calculations in Question 1.1, and purely from a financial perspective, which building to invest in.
Would your answer to Question 1.2 change if you were to finance the asking price of each building with a 50% loan-to-value mortgage? The loan bears interest at a rate of 4% and can be rolled over forever.
Assume, once again, that the asking price of the building is financed with a 50% loan-to-value mortgage. In addition, assume that banks have different preferences for investing into buildings in different parts of the city as they want to diversify their risk portfolio. Therefore, banks are willing to offer you different loan prices for the different buildings as follows:
Building 1: 6.65% Building 2: 5.32% Building 3: 3.92%
Calculate the internal rate of return and net present value of each building assuming that net operating income will be received in perpetuity. Round your calculated net present value to the nearest pound and your calculated internal rate of return to two decimal places.
“In Questions 1 and 2, rent was assumed to be fixed over time. In reality, this is not the case. The growth in rent for each of the three buildings is likely to differ because, even though the buildings are the same, they are in different locations.
Assume that the level of rent that each building is currently at is fair market rent. How would you expect rent levels to change in the future? Use your understanding of urban economics to inform your answer. Please limit your answer to 300 words. ”
Music and God GuidesorSubmit my paper for investigation descriptive exposition sampleIt appears the contentions for demonstrating or discrediting God's (or a god's) presence will never be nailed down as outright facts. More often than not, one turns into a nonbeliever or an individual of religious on a type of rationale or a kind of feeling that is by and by alluring, however this rationale or feeling can't be said to be essential fact of the matter (Harper, 12). Through rationale and feeling, the two sides of the contention for holiness and an absence of heavenliness can be "demonstrated." For me, music has been one of the bits of proof for the presence of God or a divine being. At the point when I tune in to Sufi music, especially qawwali music, I get into conditions of delight and sentiments of spiritualist change. Sufism is an otherworldly faction of Islam that places extraordinary significance on music as a device to place individuals in a condition of unity with the celestial. In qawwali music, the expressions of holy people are joined with irresistible rhythms and taking off tunes. At the point when an audience tunes into a qawwali eagerly, commonly the audience will eventually feel a change in their awareness, which could be said to resemble feeling the mood of the Universe, or a sentiment of unity having profound tones (Garge, 10). This happened to me frequently while tuning in to a specific maestro of qawwali music, Ustad Nusrat Fateh Ali Khan. I am not a Muslim, or a Sufi, yet was interested to hear something new when I originally got a CD of the acclaimed vocalist from an auntie of mine. I had been tuning in to for the most part elective awesome music, and a first tuning in of Ustad Nusrat Fateh Ali Khan astonished me and gave me prompt amazement. There was something in his voice that had a specific substance I was unable to deny. Afterward, I understood this substance was the spiritualist commitment the vocalist communicated and of which I felt definitely with numerous listenings. This probably won't sound totally logical, as it can't be tried or watched carefully (starting at now), however its belongings and the encounters that are a consequence of those impacts are hard to deny in the event that they transpire by and by. Also, it isn't simply me encountering ordinary impacts of rapture tuning in to Ustad Nusrat Fateh Ali Khan's music—a great many audience members make a case for feel a feeling of profound satisfaction while making the most of his music (Byth, 32). Furthermore, shockingly, a considerable lot of the individuals who guarantee this are neither strict or profoundly disapproved. It appears individuals get mysteriously mesmerized by Ustad Nusrat Fateh Ali Khan's music whether it was proposed to. There may never be any evidence possibly in support of God's or a divine being's presence, or whether we would comprehend what this verification might be. However, when I tune in to Ustad Nusrat Fateh Ali Khan's bolting vocals, it brings me into a condition of rapture and I believe I am getting in contact with the interminable soul the spiritualists discussed and still discussion about. I might be daydreaming each time I tune in to this music, without the utilization of medications, however I decide to accept this is exceptionally unrealistic. Or maybe, I acknowledge this music communicates godlikeness and this articulation can be felt by the audience members of this music. References Harper, Bill. "Demonstrations of Supplication." Blind Man Press. New York: 2008. Print. Garge, Melanie. "Sufi Orders." Mystical Books. Chicago: 2011. Print. Byth, George. "Lord of Qaww>GET ANSWER