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What is the value of a property with an effective gross income of $500,000, a 25.0% operating expense ratio, and a 10.0% direct capitalization rate?

What is the value of a property with an effective gross income of $500,000, a 25.0% operating expense ratio, and a 10.0% direct capitalization rate? A. $3,750,000 B. $3,000,000 C. $1,250,000 D. $5,000,000

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