QUESTION 20 Copy of An existing building generates revenues of $10M and expenses of $3M. The prevailing cap rate for this property is 4%. Assume during due diligence that the buyer discovered that the roof needs to replaced at a cost of $3M. Assume that the seller agrees to an adjustment in price equal to the cost to replace the roof. What is the buyer's effective acquisition cap rate after getting a credit for the roof work? 4.0 4.02 4.07% O 4.10% OO O