Using a capitalization rate of 10% a commercial property is valued at $420,000. The expenses are 30% of the gross income. What is the monthly gross income? (A041714) $1,050 B. $3,500 $5,000 $10,500 А. С. D.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Using a capitalization rate of 10% a commercial property is valued at $420,000. The expenses
are 30% of the gross income. What is the monthly gross income? (A041714)
А.
$1,050
B. $3,500
$5,000
$10,500
С.
D.
Transcribed Image Text:Using a capitalization rate of 10% a commercial property is valued at $420,000. The expenses are 30% of the gross income. What is the monthly gross income? (A041714) А. $1,050 B. $3,500 $5,000 $10,500 С. D.
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