Compared to other appraisal factors, appraisers generally find the ____________________ the most difficult calculation to measure precisely.
a. capitalization rate (cap rate)
b. cost to rebuild today with modern methods and materials
c. gross rent multiplier (GRM)
d. accrued depreciation
Answer: a. capitalization rate (cap rate)
Business
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Which of the following is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, product development, or diversification?
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