Question: 29. the capitalization rate is a. a method to convert future income to present value b. usually figured at 12 percent for investment properties c.
29. the capitalization rate is
a. a method to convert future income to present value
b. usually figured at 12 percent for investment properties
c. used to determine the return on investment
d. the ratio the appraised value of the property bears in comparison to other non-competing properties
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