NO.PZ2023041004000028
问题如下：
Based on Exhibit 2, relative to the estimated value of Property #1 under the discounted cash flow method, the estimated value of Property #1 using the direct capitalization method is:
选项：
A.equal. B.lower. C.Higher.解释：
The direct capitalization method estimate of value for Property #1 is $52,873,143 (= Year 1 NOI/Going-in Cap Rate = $2,775,840/0.0525), which is greater than the estimated DCF value of $49,750,932.Value of Property #1 under the discounted cash flow method:
为什么这道题的teminal g是1.25和going-in算出来的g2.0不一样，最后用DCF用6.0作为teminalCAP
