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Given the following information, calculate the equity dividend rate for this investment: First-year NOI: $88,000 Before-tax cash flow: $51,000 Acquisition price: $783,000 Equity Investment: 25%

Given the following information, calculate the equity dividend rate for this investment:

First-year NOI: $88,000

Before-tax cash flow: $51,000

Acquisition price: $783,000

Equity Investment: 25%

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