1. In which way is the discounted cash flow valuation method similar to the direct capitalization method of valuation?
A. a holding period must be determined
B. it is used on commercial property
C. net income projections must be made for each year
D. a required IRR must be established
2. The actual rent amount paid by the tenant is referred to as the
A. Market rent
B. agreed rent
C. Contract rent
D. flex rent