Multiple Choice
All of the following are fundamental causal determinants of cap rates in the property asset market, except:
A) The opportunity cost of capital (as determined in the capital market) .
B) The expected growth in property rents (as determined in the space market) .
C) The risk perceived for the property (as determined in the space and capital market) .
D) The net income divided by the property price.
Correct Answer:

Verified
Correct Answer:
Verified
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