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In Direct Capitalization, if a property has an EGI of $8,000, a NOI of $7,200, and a 7% capitalization rate is used, what is the
In Direct Capitalization, if a property has an EGI of $8,000, a NOI of $7,200, and a 7% capitalization rate is used, what is the value of the property?
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A. $102,857
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B. $114,286
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C. $115,800
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D. $113,775
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