问题 多项选择题

用假设开发法进行估价时,现金流量折现法和传统方法的主要区别在于()。

A.传统方法不考虑各项收支发生时间的不同,可直接加减,而现金流量折现法考虑资金的时间价值,发生在不同时点上的价值必须经过折现后才能相加

B.传统方法中投资利息和开发利润都单独列出,在现金流量折现法中这两项都已隐含在折现的过程中,不单独列出

C.对公式各项的数值,传统方法根据估价时点的房地产市场状况作出,而现金流量折现法要进行预测

D.传统方法中不需要单独列出投资利息和开发利润,但是现金流折现法中必须列出此两项

E.传统方法得出的评估值较大,而现金流折现法得出的评估值较小

答案

参考答案:A, B, C

解析:本题考查假设开发法中的现金流量折现法和传统方法的区别。二者的区别:(1)对公式各项的数值的测算,传统方法根据价值时点的房地产市场状况作出,而现金流量折现法要进行预测;(2)传统方法不考虑各项收支发生时间的不同,可直接加减,现金流量折现法认为收支发生于不同的时点,可折现到同一时点上再加减;(3)传统方法中投资利息和开发利润都单独列出,在现金流量折现法中这两项都已隐含在折现的过程中,不单独列出。

单项选择题

In one sense, we can trace all the problems of the American city back (91) a single starting point: we Americans don’t like our cities very much.
That is, on the (92) of it, absurd. After all, more than three-fourths of us now live in cities, and more are (93) to them every year. We are told that the problems of our cities are (94) more attention in Washington, and scholarship has discovered a whole new (95) in urban studies.
(96) , it is historically true: in the American psychology, the city has been a basically suspect institution, (97) with the corruption of Europe, totally lacking that sense of spaciousness and innocence of the (98) and the rural landscape.
I don’t pretend to be a scholar on the history of the city in American life. But my thirteen years in public (99) , first as an officer of the U. S. Department of Justice, then as Congressman, and now as Mayor of the biggest city in America have taught me (100) too well the fact that a p antiurban attitude (101) consistently through the mainstream of American thinking. Much of the (102) behind the settlement of America was in reaction (103) the conditions in European industrial centers and much of the theory (104) the basis of freedom in America was linked directly to the availability of land and the perfectibility of man outside the corrupt influences of the city.
What has this to do with the predicament of the modern city I think it has (105) to do with it. For the fact is that the United States (106) the federal government, which has historically established our national priorities, has simply never thought that the American city was "worthy" of (107) —at least not to the (108) of expending any basic resources on it.
Antipathy to the city predates the American experience. When industrialization (109) the European working man into the major cities of the continent, books and pamphlets appeared (110) the city as a source of crime, corruption, filth, disease, vice, licentiousness, subversion, and high prices.

A.travels

B.passes

C.flows

D.runs

单项选择题 A1型题