Question: If you receive $ 4 0 , 0 0 0 in annual rent on property that costs you $ 3 6 0 , 0 0

If you receive $40,000 in annual rent on property that costs you $360,000, what is your rental yield on this property?
a.5.6 percent
b.6.3 percent
c.11.1 percent
d.5.0 percent

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