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Question 8 10 pts An Investor is considering the purchase of a 22,000 square foot shopping center for $5 million. First year NOI is $381.216

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Question 8 10 pts An Investor is considering the purchase of a 22,000 square foot shopping center for $5 million. First year NOI is $381.216 and is expected to increase at 3% per year over a holding period of 5 years. If the property sells at a terminal, or "going out" caprate of 7%, what is the appreciation rate for the property? 201% 4.19% 4.78% 3.13% 4.47% D Question 9

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