Multiple Choice
Given the following information, calculate the debt yield ratio on the following commercial property. Estimated Net Operating Income in the first year: $2,500,000, Debt service in the first year: $960,000, Loan amount: $20,000,000, Purchase price: $27,300,000
A) 4.8%
B) 12.5%
C) 68.6 %
D) 75.2 %
Correct Answer:
Verified
Correct Answer:
Verified
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