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QUESTION 20 Given the following information, calculate the appropriate going in cap rate using the constant rowth formula market assumed totalled 10% expected appreciation rate:

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QUESTION 20 Given the following information, calculate the appropriate going in cap rate using the constant rowth formula market assumed totalled 10% expected appreciation rate: 2% per year; sale price: $1,950,000; first year potential gross income: 5520,000, first year capitalization expense 345,000 for your netoperire income $390,000; 8.0% 26.67% O 9.0% 0 11.5%

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