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Condos in Trump International Hotel & Tower (in Chicago) sold for an average of $747 a square foot in 2017, down 12 percent from 2016.
Condos in Trump International Hotel & Tower (in Chicago) sold for an average of $747 a square foot in 2017, down 12 percent from 2016. In the same period, prices in the downtown condo market overall rose by 3 percent. Assuming that the beta of condo space in Trump Tower with respect to the rest of the Chicago market is 1, what is the abnormal return on the Trump condos? enter your response here Is the Trump Presidency associated with increased or decreased values in the Trump Condo? A. Cannot Be Determined B. Increase
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