Determine the Capitalization Rate for a property with a sales price of ($400),000 and an expected Net

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Determine the Capitalization Rate for a property with a sales price of \($400\),000 and an expected Net Operating Income (NOI) of \($18\),000 in the year following the property’s sale.

a 4.25%

b 4.62%

c 4.5%

d 4.45%

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