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4) Given the following information, calculate the going-out cap rate: estimated holding period: five years; NOI for year 1: $120,000; NOI for year 5: $150,000;
4) Given the following information, calculate the going-out cap rate: estimated holding period: five years; NOI for year 1: $120,000; NOI for year 5: $150,000; NOI for year 6: $155,250; expected sale price at end of year 5: $1,350,000. A) 8.9% B) 11.1% C) 11.5% D) 11.9%
4) Given the following information, calculate the going-out cap rate: estimated holding period: five years; NOI for year 1: $120,000; NOI for year 5: $150,000; NOI for year 6: $155,250; expected sale price at end of year 5: $1,350,000.
A) 8.9%
B) 11.1%
C) 11.5%
D) 11.9%
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
