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Suppose a lease has a 50% CPI-Adjustment each year. If last year's rent was $20/SF and the CPI has increased from 155 to 162, what
Suppose a lease has a 50% CPI-Adjustment each year. If last year's rent was $20/SF and the CPI has increased from 155 to 162, what is the new rent this year? Question options:
$20.50.
$20.45.
$20.39.
$20.53.
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