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As it relates to the cap rate method of valuing commercial properties, assuming there were no major improvements or upgrades to a property over the

As it relates to the cap rate method of valuing commercial properties, assuming there were no major improvements or upgrades to a property over the period, you would generally anticipate that the future cap rate for a property in ten years would be ________ the cap rate used to purchase the property today. Ignore expected changes in interest rates for this question.

a. the same as

b. lower than

c. higher than

d. exactly equal to

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