Fin405 - Study guides, Class notes & Summaries
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FINC405 B001 Sum 20
- Case • 5 pages • 2021
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Instructor: John Halstead 
Course: FINC405 B001 Sum 20 
Assignment: Week 6 Homework 
 
builders builds 1,500-square-foot starter tract homes in the fast-growing suburbs of Atlanta. Land and labor are 
cheap, and competition among developers is fierce. The homes are a standard model, with any upgrades added by the 
buyer after the sale. 
Builders' costs per developed sublot are as follows: 
Rouse 
Rouse 
(Click the icon to view the costs.) 
1 
Builders would like to earn a profit of 
% of the va...
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