You purchased a property for $8.5 million with 25% equity and a fixed rate, interest only loan for the balance at a rate of 5.25% and a term of 30 years. If the property generated an NOI of $425,000 in Year 1 what would be your Equity Dividend Rate for Year 1?" a. 20.0% b. 4.25% c. 5.25% d. 7.3%.