A lower capitalization rate implies a lower FFO, how?

CFA Level II Alternative Investments
#1

The first problem of Example 10 of Reading 40.

Could anyone explain how a lower cap rate implies lower FFO?

Also in the bracket a further explanation is given that says : a lower NOI with such…

I am unable to relate the cap rate and lower NOI

Thanks!

#2

That CAP and NOI are related is the essence of this topic. Property value=NOI/CAP