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In discounted cash flow (DCF) analysis, the sale price of the property must be estimated at the end of the expected holding period. The most
In discounted cash flow (DCF) analysis, the sale price of the property must be estimated at the end of the expected holding period. The most common method for determining the terminal value of the property is the A. direct capitalization method. B. repeat-sales approach. C. sales capitalization method. D. cost approach to valuation
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