A property was purchased 5 years ago for $1mil and provided NOI of $70,000 in Year 1, increasing at 5% per annum. What price would a potential buyer have to pay today, if income yields for the property have risen by 1%? Select one: O a $1,116,746 O b. $1,122,341 O c. $945,202 O d. $985,333 O e. $1,215,506 Clear my choice