A real estate investment company (REIC) requires a debt coverage ratio (DCR) of 1.4 for all property assets and has access to an interest-only line of credit that costs 8% p.a. If a potential property investment has an NOI of $150,000 and costs $2 mil, what is the maximum permissible leverage ratio of the REIC for this property? a. x4 b. x2.5 ci x3 d. 2 e. 3.5