13. A property has been purchased for $325,000 with 25% down payment. Typical investors are realizing a retum of 6.5% on equity. What would be the overall capitalization rate (RO), rounded to two places, if annual debt service was $20,955.61? a. 6.48% b. 7.32% c. 8.08% d 9.11% 14. Using the band of investment technique, what is the overall capitalization rate indicated for 70% LTV financing with a loan amount of $300.000 and an annual debt service of $31,360 if the equity dividend rate is 9%? 8.26% b. 9.71% a c. 10.02% d. 11.98% 15. A subject property was estimated by the appraiser to have an NOI of $14,830. The overall capitalization rate indicated in the assignment is 11.50%. Rounded to the nearest dollar, what is the value indication? $128,957 b. $128,975 $134.818 d. $143.818 a. c