1. Please compare and contrast the US capital markets with European Market.
1. Comparison of size of primary vs secondary markets
2. Comparison of financial institutions (banks, investment companies, and insurance companies)
3. Comparison of capital markets size (stocks, bonds, foreign exchange, derivatives)
4. Comparison of transparency and Regulations
2. After going through the current lease agreements and projecting market rents and expenses for a warehouse in Newark, you believe that the long-run growth rate of net operating income for the property is 2%. If the current market return on industrial property on an unlevered basis is 8%, your best estimate of the appropriate capitalization rate for estimating the current value of the property is
A. 4%.
B. 6%.
C. 8%.
D. 10%.