Identify the basic elements of a real-estate investors decision situation. What are the investors objectives? Is the

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Identify the basic elements of a real-estate investor’s decision situation. What are the investor’s objectives? Is the situation dynamic, that is, are there sequential decisions? What are some of the uncertainties that the investor faces? What are the crucial tradeoffs? What role does the time value of money play for this investor?
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Making Hard Decisions with decision tools

ISBN: 978-0538797573

3rd edition

Authors: Robert Clemen, Terence Reilly

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