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You bought a warehouse building for $ 1 M cash on the first day of the year. You will get net rent of $ 1

You bought a warehouse building for $1M cash on the first day of the year. You will get net rent of $10,000 per month in advance for 3 years, then the net rent will increase to $12,000 per month for an additional 6 years. At the end of the 9 year holding period you will sell the building to the tenant for $1.2M cash. What is your yield on this investment? (10pts)
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