All of the following are determinants of cap rates in the property asset market, except: Select one: a. Comparative yields in the capital market. b. The risk perceived for the property (as determined in the space and capital market). c. The net operating income divided by the property price. d. The expected growth in property rents (as determined in the space market). e. The risk-free rate.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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All of the following are determinants of cap rates in the property asset market, except:

Select one:

a.

Comparative yields in the capital market.

b.

The risk perceived for the property (as determined in the space and capital market).

c.

The net operating income divided by the property price.

d.

The expected growth in property rents (as determined in the space market).

e.

The risk-free rate. 

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