If a Property Had a Net Operating Income of $24,000

question 5

Multiple Choice

If a property had a net operating income of $24,000 and the investor wanted an 8% return, how much should he offer for the property?

• A) $240,000
• B) $250,000
• C) $300,000
• D) none of the above

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Definitions:

Semantic Differential Scale

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Judgmental Question

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Ambiguous

Something that can be understood in more than one way or does not have a clear or definitive meaning or interpretation.

Nonmutually Exclusive

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