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10 pts Question 7 Assume that a property has expected year 6 NOI of $350.000. The property was originally purchased for $3 million. If the

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10 pts Question 7 Assume that a property has expected year 6 NOI of $350.000. The property was originally purchased for $3 million. If the terminal cap rate is 9.8%, what is the expected sales price in year 5? $3,684,211 $3,894,737 $4,204.545 $3,571.429 D Question 8 10 pts An investor is considering the purchase of an office building for $3.2 million, If she sells the property at the end of 5 years for $3,450.800, what is her expected appreciation rate? @ 2.84% @ 1.52% @ 3.23% @ 4.57%

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