1. The equity dividend rate:
1) does not consider financing structures.
2) does not consider the effect of income taxes on the value of the investment.
3) is the only method which considers future cash flows.
4) all of the above.
2. Gross income multipliers:
1) are reciprocal to net income multipliers.
2) reflect the relationship between a property's price or value and its gross income.
3) are reciprocal to the capitalization rate.
4) require more data than do net income multipliers.