Question: What is the capitalization rate? a. A method to convert future income to pres- ent value b. Usually gured at 12% for investment properties c.
What is the capitalization rate?
a. A method to convert future income to pres-
ent value
b. Usually gured at 12% for investment properties
c. Number used to determine the return on investment
d. The ratio the appraised value of the property bears in comparison to other noncompeting properties
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