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Suppose the Net Operating Income (NOI) in a property is $6,500,000 and the market value cap rate is 10.0%. What is the market value of

Suppose the Net Operating Income (NOI) in a property is $6,500,000 and the market value cap rate is 10.0%. What is the market value of the property using direct capitalization?

options:

$2,622,842

$5,936,073

$61,750,000

$65,000,000

$68,421,000

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