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Develop a range of market cap rates through market extraction using the following data. Then, using the net operating income from question 3 and the
Develop a range of market cap rates through market extraction using the following data. Then, using the net operating income from question 3 and the range of cap rates you have calculated, present a range of applicable values for the property using the direct capitalization technique. NOI Sale A $261,000 $4,880,000 Sale B $243,000 $4,248,000 Sale C $187,000 $3,430,000 Sale D $403,000 $7,228,000 Sale price Your
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