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Business, 07.04.2020 16:22 stephaniesmile8

The renewal probability is assumed to be 60% for a particular lease with 12 months vacant if the lease is not renewed. The expected vacancy at the end of the lease is:

(A)4.8 months
(B)7.2 months
(C)9.0 months
(D)12.0 months

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Answers: 2

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