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To find the value of a property using the income approach to value, if the net operating income and the capitalization rate were known, the appraiser would
a. multiply the net operating income by the capitalization rate.
b. multiply the effective gross income by the capitalization rate.
c. divide the net operating income by the capitalization rate.
d. divide the capitalization rate by the net operating income.
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To find the value of a property using the income approach to value, if the net operating income and...
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