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Constant-Ratio Change in Income and Value: A property has an income and value that are increasing at a 4% rate. If the yield rate is

  1. Constant-Ratio Change in Income and Value: A property has an income and value that are increasing at a 4% rate. If the yield rate is 11% and the first year NOI of the property is $35,000 What is the value of the property? Please Show Work.

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