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10) If Taxable Income is negative you do not have to pay taxes. True/False 11) If Taxable Income is negative your BTCF is equal to your ATCF.

10) If Taxable Income is negative you do not have to pay taxes.
True/False

11) If Taxable Income is negative your BTCF is equal to your ATCF.
True/False

12) In order to calculate the Sale Price one applies the going-out cap rate to the NOI of the last year of operation.
True/False

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