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Question 5 10 pts An investor is considering the purchase of an office building for $3 million. The 20,000 square foot property rents for $22

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Question 5 10 pts An investor is considering the purchase of an office building for $3 million. The 20,000 square foot property rents for $22 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the cap rate? O 8.23% O 9.75% O 8.91% O 10.64% 09.57%

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