Question: How to solve A property value is $ 4 , 0 0 0 , 0 0 0 , and it has a $ 3 ,

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A property value is $4,000,000, and it has a $3,000,000 loan on it. The annual net operating income is $220,000. What is the capitalization rate?
a.5.00%
b.5.25%
c.5.50%
d.5.75%
 How to solve A property value is $4,000,000, and it has

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