Selected in (a) are the correct answers can someone please explain how they got these answers

Ratio Analysis. (Purchase Price = 25,000,000; Mortgage Amount 17,500,000; Points = 3; Interest Rate = 5%; Amortization Period = 25 years; PGI= 3,000,000; VC=9%; OPEX= 975,000; CAPEX= 175,000; NOI= 1,580,000; RSF=85,700). What is the going in Cap Rate?

Answers:	5.87
	6.32(a)
	6.56
	9.61

effective Rent. You have calculated that a five year graduated lease has a present value (11% discount rate) of $148. What is the effective rent for this lease?

Answers:	25.88
	26.13
	26.94
	27.48
	34.33
	38.26(a)