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Assume the value of a property is $6,000,000 based a cap rate of 7.5%. If NOI is 60% 0f PGI, what is the amount of
Assume the value of a property is $6,000,000 based a cap rate of 7.5%. If NOI is 60% 0f PGI, what is the amount of PGI?
Group of answer choices 750,000 600,000 825,000 after purchase 675,000
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