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90. A property generates a gross income of $63,490. The operating expenses are $24,460 resulting in a net operating income of $38,890. The investor wishes

90. A property generates a gross income of $63,490. The operating expenses are $24,460 resulting in a net operating income of $38,890. The investor wishes to get a 10% capitalization. What is the value of the income producing property? zinem228220 sing2 a. $634,900 b. $244,600 c. $388,900 d. $412,000 mu understanding and

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