All of the Following Are Fundamental Causal Determinants of Cap

question 13

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.

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