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If a property generates $120,000 NOI per year and its estimated market value is $1,500,000, what is the cap rate? A. 8% B. 10% C.

If a property generates $120,000 NOI per year and its estimated market value is $1,500,000, what is the cap rate? A. 8% B. 10% C. 12% D. 15%

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