11. If you buy the property at the asking price of $7,000,000, what will your going in Cap Rate be? Write your answer in percent, but do not include the % sign. (A) 6.25% (B) 8.5% (C) 9.22% (D) 10.17% 11. If you buy the property at the asking price of $7,000,000, what will your going in Cap Rate be? Write your answer in percent, but do not include the % sign. (A) 6.25% (B) 8.5% (C) 9.22% (D) 10.17%