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A BGC Office Building was recently sold for P80,000,000. Given the following information: Gross income: factor: 10% Expenses: 40% of effective gross income What is

A BGC Office Building was recently sold for P80,000,000. Given the following information: Gross income: factor: 10% Expenses: 40% of effective gross income What is the equity rate or cash-on-cash rate of return?

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