Exam 8: Present Value Mathematics for Real Estate
Exam 1: Real Estate Space and Asset Markets24 Questions
Exam 2: Real Estate System34 Questions
Exam 3: Central Place Theory and the System of Cities30 Questions
Exam 4: Inside the City I: Some Basic Urban Economics20 Questions
Exam 5: Inside the City II: A Closer Look27 Questions
Exam 6: Real Estate Market Analysis30 Questions
Exam 7: Real Estate as an Investment: Some Background Information25 Questions
Exam 8: Present Value Mathematics for Real Estate23 Questions
Exam 9: Measuring Investment Performance: The Concept of Returns24 Questions
Exam 10: The Basic Idea: DCF and NPV17 Questions
Exam 11: Nuts and Bolts for Real Estate Valuation: Cash Flow Proformas and Discount Rates18 Questions
Exam 12: Advanced Micro-Level Valuation18 Questions
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Describe the call option model of land value. What is the "underlying asset" in this model? What is the "exercise price"? What is the typical maturity of the land development option?
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A "Step-up" provision in a commercial property lease means:
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