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Total Development Costs (Including Sufficient Profit for the Developers) Are

Question 7

Multiple Choice

Total development costs (including sufficient profit for the developers) are $200/SF. Cap rates in the asset market are 10%. What is the "replacement cost rent" in this market?


A) $20.00/SF.
B) $16.00/SF.
C) $12.50/SF.
D) $10.00/SF.

Correct Answer:

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