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. Which of the following is TRUE concerning the capitalization rate? (A) It is an IRR (B) It explicitly considers projected future income and changes

. Which of the following is TRUE concerning the capitalization rate?

(A) It is an IRR

(B) It explicitly considers projected future income and changes in property value over time

(C) It expresses the relationship between income and property price at a specific point in time

(D) It is the rate of return that investors expect to earn o n all capital invested

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