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Contemporary Investment Appraisal Techniques

  • David Isaac
Chapter
Part of the Macmillan Building and Surveying Series book series (BASS)

Abstract

Explicit DCF models can be developed using growth in the calculation and discounting using the investor’s target rate or equated yield. Freehold property requires an infinite cash flow and this means the process needs to be shortened. This can be done by assuming a certain holding period and then resale of the investment at the initial capitalisation rate.

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References

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Copyright information

© David Isaac 1998

Authors and Affiliations

  • David Isaac
    • 1
  1. 1.University of GreenwichUK

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