Question
An investor's private value of a property can deviate from the market value (i.e., the value for the marginal investor) due to the following factors
An investor's private value of a property can deviate from the market value (i.e., the value for the marginal investor) due to the following factors EXCEPT:
Group of answer choices
-Risk-free rate of interest
-Risk preferences
-Income tax rate
-Property management skills
-Financing costs
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
