1. Triton stock has an average historical return of 16.3% and a standard deviation of 5.3%. In which range do you expect the returns of Bavarian Sausage 95% of the time.
5.7% to 26.9%
5.3% to 16.3%
11.00% to 21.6%
6.2% to 18.5%
16.3% to 95%
2. You are looking at an apartment listing in Cleveland, OH for a 26-unit building that yields $31,050 per month gross rent if fully occupied, but currently has 10% and total management costs of 35% of the rent collected. If the building is listed for $1,550,000, what is its cap rate?