Assignment Task
Task
Assignment 1 – Development Finance
Using the information provided in the Assumptions tab, answer the following questions while including all your calculations in this workbook.
note: you may use the assumptions sheet or the placeholder sheet to perform your calculations
1) What is the exact oustanding construction loan balance at the end of the construction period? (rounded to the nearest dollar)
2) How much equity will shareholders receive when the takeout mortgage is completed?
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