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6 Question 53 (1 point) An investor is considering purchasing a retail complex that is projected to generate $6500 in net operating income (NOI) in

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6 Question 53 (1 point) An investor is considering purchasing a retail complex that is projected to generate $6500 in net operating income (NOI) in the first year. If the purchase price is expected to be $52500, what is the "going-in" cap rate? Express your answer as a percentage and round to 2 decimal places. Your Answer: 12 15

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