When calculating the present value, the time unit can be:

a$.$ Quarterly

b$.$ Monthly

c$.$ Weekly

d$.$ All of these

Reversion value is also known as:

a$.$ Terminal value

b$.$ Stabilized value

c$.$ Discounted value

d$.$ Initial value

True or False: When considering a development project, the development cash outlays are fairly certain to occur, while the operating cash inflows are relatively uncertain.

a$.$ True

b$.$ False

Discounted cash flow is premised upon which basic concept?

a$.$ A dollar received today is less valuable than a dollar received tomorrow.

b$.$ The only source of value for a property is its ability to generate future cash flows.

c$.$ Leverage always decreases the volatility of an investment's cash flow.

d$.$ All of these.

What is another name for the discount rate in a discounted cash flow analysis?

a$.$ The required annual return

b$.$ The expected return on cost

c$.$ The required post$-$tax return

d$.$ The discount factor

True or False: When solving for a future value with a timeline greater than one year, the investment earns a compound return.

a$.$ True

b$.$ False