A development that started in May 2023 will be completed in April 2025, and the ...
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A development that started in May 2023 will be completed in April 2025, and the GDV of the project is $35,000,000. The total development cost is $18,000,000 and the developer’s profit is 20% of the GDV. What is the land value?
Just provide the final answer ($ figure).
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