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You are interested in investing in an office building. You expect the building's net operating income will grow at a constant rate of 4.5% per

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You are interested in investing in an office building. You expect the building's net operating income will grow at a constant rate of 4.5% per year during your anticipated holding period. If you are confident that you can earn 10.7% annual refurn somewhere else on projects of comparable risk the reasonable cap rate for you to use in evaluating this building should be % ? Write your answer without \%. E.g. if you answer is 21.5%. just write 21.5

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