Year 1 Yes 2 $91.000 $72,500 $18,500 NOI DS Cash flow Resale in year 3 Less mortgage balance Total cash flow Present value of cash flow @ 11% Yew 3 594,640 $98.426 $72,500 572,500 $22,140 $25,926 $1,000,000 $663,317 $22,140 $456,609 $17.960 $333,868 $18,600 $16,667 Using the information from the question above, what would be the equity dividend rate in your 1? 03.13 percent $421,800 05.02 percent $18,500 010.14 percent Not enough information