1. The investment decision process ______________________________ .
is fundamentally the same for real estate investment analysis as for other investment areas
requires the investor to adjust expected cash flows for timing differences and risk
recognizes that investment assets are desired only for the benefits of ownership they bestow
all of the above are true
2. If the real estate investment that is being financed is the investor's sole asset, the investor's debt-to-equity ratio will be _____________ .
the same as the loan-to-value ratio
greater than the loan-to-value ratio
less than the loan-to-value ratio
unrelated to the loan-to-value ratio