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end of year. purchase price 0 (1,000,000) 1 110,000 2 115,000 3 120,000 4 125,000 5 130,000 what was the capitalization rate used for purchasing

end of year. purchase price

0 (1,000,000)

1 110,000

2 115,000

3 120,000

4 125,000

5 130,000

what was the capitalization rate used for purchasing this property?

a. 11%

b.7.33%

c. 8. 67

d. 8.80

e.11.50

f. 12.50

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