The Exchange Building is purchased for $820,000 with a 25% down payment. After taking possession there is an announcement in the Star-Ledger, a local newspaper, that a new office building will be built across the street. The new valuation upon taking possession (ownership) has increased by 3%. What is my return on my equity after the announcement in the paper? (This calculation assumes that you can sell the building after taking possession without incurring any expenses, such as agent commissions, legal fees, etc.) Give your answer in percent without the % sign. Example. If your calculation results in a value of 13.6% enter 13.6 in the space provided