One metric a developer may use to gauge the feasibility of construction is the estimated spread in the cap rates. A developer looking for a $150-$basis point spread would be looking for a project to have which of the following metrics?

Group of answer choices

The NOI$/$construction costs of $6\mathrm{.}5\%$ versus the NOI$/$sale price of $5\mathrm{.}0\%$

The NOI$/$construction costs of $6\mathrm{.}50\%$ versus the NOI$/$sale price of $6\mathrm{.}45\%$

The NOI$/$sale price of $6\mathrm{.}5\%$ versus the NOI$/$construction costs of $5\mathrm{.}0\%$

The NOI$/$sale price of $6\mathrm{.}50\%$ versus the NOI$/$construction costs of $6\mathrm{.}45\%$