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The indicated value of an income property may be estimated by A. Dividing the annual net operating income by the cap rate B. Dividing the

The indicated value of an income property may be estimated by

A. Dividing the annual net operating income by the cap rate

B. Dividing the gross rent multiplier by the cap rate

C. Multiplying the gross rent multiplier by the cap rate

D. Multiplying the annual net operating income by the cap rate

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