Question: In the answer, please include four decimal points An investment company is considering the purchase of a commercial property. The company estimates that the property

In the answer, please include four decimal points  In the answer, please include four decimal points An investment company

An investment company is considering the purchase of a commercial property. The company estimates that the property will generate the following NOI for the next 7 years. The company estimates that beginning year 6 growth of NOI will stabilize at 2%, and is expecting a return on investment of 14% for this tipe of property. What is the "going in" cap rate (R)

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