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Determining Capitalization Rates From the following information, determine the capitalization rate for each sale (take...

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Determining Capitalization Rates From the following information, determine the capitalization rate for each sale (take the answer to the second decimal place) Sale # Net Income Sales Price Overall Capitalization Rate 1 $13,000 $220,000 2 $26,000 $450,000 3 $38,000 $700,000 4 $102,000 $2,000,000 Sale 1 5.91%

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