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QUESTION 13 The Federal Reserve had a meeting where they announced plans to lower interest rates. Suppose Nois, and expected growth rates for Nols on

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QUESTION 13 The Federal Reserve had a meeting where they announced plans to lower interest rates. Suppose Nois, and expected growth rates for Nols on properties are expected to remain the same. Using your knowledge of cap rates, what does this imply will happen to property prices? (Hint: how are cap rates related to rand TT TT Paragraph Ariel 3(124) E.T. %DOQE ' ', OS Mash

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