Multiple Choice
Given the following information,calculate the going-out cap rate.Estimated holding period: 5 years,NOI for year 1: $120,000,NOI for year 5: $150,000,NOI for year 6: $155,250,Expected sale price: $1,350,000.
A) 8.9%
B) 11.1%
C) 11.5%
D) 11.9%
Correct Answer:

Verified
Correct Answer:
Verified
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