As a general rule for a DCF model, create all spreadsheets with an input section (sheet 1) and a working section (sheet 2). All inputs should go into the input section. The working section and the output section should never have to be edited because you change an input. That is, there are no inputs outside the input section (formulas in the other sections refer to the cell addresses in the input section).
a. You may use the spreadsheet on Blackboard as a template.
b. Use an Ҡstatement to determine the end of a lease for extra credit.
c. All leases end on 12/31, all escalation on 1/1 of the year.
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