Annual Net Cash Flow Projections for Two Properties ($ millions) Year 10 1.0510 $1.0615 1.0721 1.0829 12.1399 B $1.0000 $0.9900 $0.9801 $0.9703 $0.9606 S0.9510 $0.9415 $0.9321 $0.9227 $9.9573 1.0000 $1.0100 $1.020 $1.0303 $1.0406 $1 10.27, (based on Annendiy 104A10 YPe roperty 10.26. The projected cash flows (including reversion) are shown in the following table for property A and property B. a. If both properties sell at a cap rate (initial cash yield) of 10 percent, what is the expected total return on a 10-year investment in each property b. If the 10 percent cap r ate represents a fair market value for each property, then which property is the more risky investment (and how do you know)? What is the annual growth rate in operating cash flows for each building d the first nine years? urin d. How is t his growth rate related to the cap rate and the investor's expected total return (IRR) in each property? Annual Net Cash Flow Projections for Two Properties ($ millions) Year 10 1.0510 $1.0615 1.0721 1.0829 12.1399 B $1.0000 $0.9900 $0.9801 $0.9703 $0.9606 S0.9510 $0.9415 $0.9321 $0.9227 $9.9573 1.0000 $1.0100 $1.020 $1.0303 $1.0406 $1 10.27, (based on Annendiy 104A10 YPe roperty 10.26. The projected cash flows (including reversion) are shown in the following table for property A and property B. a. If both properties sell at a cap rate (initial cash yield) of 10 percent, what is the expected total return on a 10-year investment in each property b. If the 10 percent cap r ate represents a fair market value for each property, then which property is the more risky investment (and how do you know)? What is the annual growth rate in operating cash flows for each building d the first nine years? urin d. How is t his growth rate related to the cap rate and the investor's expected total return (IRR) in each property