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In Direct Capitalization, If a property has a PGI of $20,000, an EGI of $9,000 and a NOI of $7,000, and a capitalization rate of

In Direct Capitalization, If a property has a PGI of $20,000, an EGI of $9,000 and a NOI of $7,000, and a capitalization rate of 8% is used, what is the value of the property? A. $87,500 B. $82,500 C. $92,000 D. $84,500 Beset Selection

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