Question
In Direct Capitalization, if a property has a PGI of $20,000, an EGI of $9,000 and a NOI of $7,000, and a capitalization rate of
In Direct Capitalization, if a property has a PGI of $20,000, an EGI of $9,000 and a NOI of $7,000, and a capitalization rate of 8% is used, what is the value of the property?
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A. $84,500
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B. $87,500
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C. $82,500
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D. $92,000
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Trading And Exchanges Market Microstructure For Practitioners
Authors: Larry Harris
1st Edition
0195144708, 978-0195144703
