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-Using the Information from the Question Above, What Would the

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 Net revenue $20,000,000 Less:  Operating expenses 9,800,000 Depreciation and  amartization 4,400,000 Incame fram aperations 5,800,000 Less:  Interest expense 1,280,000 Net incame $4,520,000\begin{array} { l r } \text { Net revenue } & \$ 20,000,000 \\\text { Less: } & \\\text { Operating expenses } & 9,800,000 \\\text { Depreciation and } & \\\text { amartization } & \underline{4,400,000} \\\text { Incame fram aperations } & 5,800,000 \\\text { Less: } & \\\text { Interest expense } & \underline{1,280,000}\\\text { Net incame } &\$ \underline{4,520,000}\\\end{array}
-Using the information from the question above, what would the net asset value NAV) of the REIT be?

Identify and contrast different public policies toward externalities.
Calculate the social value of goods considering both external costs and benefits.
Evaluate the role of government incentives in resolving problems of externalities.
Understand the concept of private solutions to externalities, including the Coase theorem.

Definitions:

Nose Wrinkled

A facial expression where the nose is scrunched up, often indicating disgust, displeasure, or skepticism.

Disgust

An emotional response of revulsion or strong disapproval evoked by something considered offensive, distasteful, or unpleasant.

Cognitive Appraisal

The process by which an individual evaluates and interprets an event or situation that leads to an emotional response.

Different Responses

Variability in reactions or answers by individuals to the same stimulus or situation.

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