1. The most common method used to determine the terminal value (sale price) at the end of the holding period is by,
A. direct capitalization.
B. certified appraisal.
C. comparative market analysis.
D. GIM.
2. When leverage is used to finance part of the acquisition price of an investment property, valuation of the cash flows to the equity investor is accomplished by discounting the expected
A. EGI.
B. NOI.
C. BTCF.
D. ATCF.