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SHOW WORK What is the gross development profit margin (rounded to the nearest percent) for a going in cap rate of 10 and a selling cap rate of 7 (round to the nearest whole percent; e.g.,18.18% is rounded to 18%)? a. 25% b. 33% c.40% d. 20% e. 30% f. 70% g. None of the above.

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