The gross rent multiplier (GRM) on a residential property would be determined by:
A. Dividing the sale price by the monthly rental rate.
B. Dividing the sale price by the fixed costs.
C. Multiplying the sale price by the monthly rate.
D. Multiplying the sale price by the fixed costs.
Answer: A. Dividing the sale price by the monthly rental rate.
Business
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If you must use an index, listing the name of the person, organization, or subject to which the number is assigned, the numeric system is called:
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