.You will be the limited partner and contribute $5m in equity, in a $10m office building investment. Your hurdle rate is7% return. The general partner will also contribute $5m and receive 80% as the promote after the hurdle is met. The property is anticipated to generate $600,000 in NOI during its first year and then immediately sold for $12m with 10% brokerage expense. What is the annual IRR to limited partner? Whats general partners return?