Assuming the results of an Apartment development scenario indicate the values below for the current direct capitalization method vs. the 5 year present value analysis. Use Category: Bonus 1 Apartment Current Land Value - time period zero $500,000 Future Land Value at end of Year 5 $775,000 Question: What is the implied annual compound growth rate for the apartment land value over the 5 year holding period? Implied Compound Growth Rate Show your work here