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If a property would sell based on an equity dividend rate of 15% and qualifies for a 30-year, 54% loan-to-value mortgage with monthly payments at
If a property would sell based on an equity dividend rate of 15% and qualifies for a 30-year, 54% loan-to-value mortgage with monthly payments at 11.0%, what is the indicated overall capitalization rate? Use the band-of-investment technique to solve the answer.
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