Assuming the leasehold yield is 2% above the freehold yield, calculate the Years Purchase (YP) dual rate for 10 years if the accumulative rate is 3% and that a comparable freehold property let at full market rent of $40,000 has just been sold for $500,000.

Hint: Analyse the market yield from the comparable first and then use it to calculate the required YP.

		4.3872
		7.3625
		6.1250
		5.3410