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a. 1% b. 3% c. 5% d. 7% Assume a property was purchased for ten times its potential gross income. This property has operating expenses

a. 1%

b. 3%

c. 5%

d. 7%

Assume a property was purchased for ten times its potential gross income. This property has operating expenses of exactly one half of its PGI. What is the implied capitalization rate for this property

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