What are the four terms of the discounted cash flow (DCF) model? Differentiate between the income and cash flows. Why does the DCF model focus on
- What are the four terms of the discounted cash flow (DCF) model?
- Differentiate between the income and cash flows.
- Why does the DCF model focus on cash flows and not income?
- Define Risk. What term in the DCF model reflects risk?
- Provide several examples of real estate assets that involve risk. Explain the sound of the risk