1. Simon properties' mean consensus real estate noi estimate for the current year is $4,381,025 (in $000). Simon Properties' other balance sheet information for the year is as follows: a. $0 Land Held for investment and/or sale ($000) Properties Under Development ($000) Cash and cash Equivalents ($000) Investment in Partnerships ($000) Other Assets ($000) $652,107.00 Total Liabilities (Including Minority Interest) and Prfd Stock ($000) $0 $1,515,012.00 $4,221,814.00 $29,227,230.00 Total common shares and units outstanding are 374,256,749. Current stock price (as of May 8, 2023) is $106.76 Estimate the implied Property Cap rate for Simon Properties b. The historical average annual return on investment for Simon Properties over a long period is 8%. Solve for the rate of growth implied in Simon Properties stock price.