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What is the cap rate and growth rate implied from the below information? Total return (IRR): 9% Projected Year 1 NOI: $20,000 Purchase price (today):

image text in transcribed What is the cap rate and growth rate implied from the below information? Total return (IRR): 9\% Projected Year 1 NOI: $20,000 Purchase price (today): $400,000 cap rate =5%, growth rate =9% Not enough information to compute cap rate =5%, growth rate =4% cap rate =9%, growth rate =5% cap rate =7.5%, growth rate =1.5%

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