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11. (6 points, 2*3) What is likely to happen to the average CAP rate in the market under each of the following conditions. Briefly explain.

11. (6 points, 2*3) What is likely to happen to the average CAP rate in the market under each of the following conditions. Briefly explain. a. Rising interest rate environment. b. Growing perception that real estate is becoming riskier that previously viewed. c. Expectations that future inflation will increase

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