C都考了是为什么

问题如下：

Which of the junior analyst’s three statements regarding the appraiser’s two primary valuation methods is incorrect?

选项：

A.

Statement 1

B.

Statement 2

C.

Statement 3

解释：

A is incorrect. The discounted cash flow method (not direct capitalization method) requires a terminal value by capitalizing NOI at some future date.

B is correct because properties expected to generate faster growth will use a capitalization rate that results in a higher value, and properties with slower growth will use a capitalization rate that results in a lower value.

C is correct because both income approaches consider growth and property quality.