In relation to real estate finance, please answer showing each step and if possible an brief explanation: Thank You!

Question #4:

Building is stabilized at $4.7M and the purchase price is $77.8M.

- What is the cap rate?

- What is the risk premium when the 10-year treasury is at 4.3%?

Questions #5:

Givens: Four-Year Hold Period Lease: Full Service SF: 9,500 GPI: $540,720 Operating Expenses: $4.30 Rent/ Income Growth at 3% per year. Vacancy: 8% Debt: None Going-In Cap Rate: 7.2% Year Four Purchase Price: $9.2M - What is the NOI? - What is the purchase price? - Annual Rate of Return each year? - Total rate of return in year four? - Going-out cap rate? - Sale Proceeds