Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Five years ago, new 7-year leases were signed with tenants for over 80% of the space in the property. The local area has improved and two years ago the landlord invested a small fortune in upgrading the building’s common areas and exterior. How is the value of the property impacted?
a) It is not impacted
b) It is decreased
c) It is increased
Please provide an explanation and ensure accuracy. Thanks a bunch!
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