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An office building is rented for $3,000 per month. Vacancy and collection loss is 8%. Expenses are 30%. What is the indicated value considering

An office building is rented for $3,000 per month. Vacancy and collection loss is 8%. Expenses are 30%. What is the indicated value considering a 12% capitalization rate is appropriate? $276,000 $300,000 $16,100 $193,200

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