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:

Verified
Correct Answer:
Verified
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