CFA Practice Question

There are 195 practice questions for this study session.

CFA Practice Question

The most frequently used approach in valuing REIT shares is:
A. Net asset value approach.
B. Relative value approach.
C. Discounted cash flow approach.
Explanation: The three approaches are certainly related, but may at times provide different indications of value.

User Contributed Comments 3

User Comment
rodney176 That explanation is not satifying
chau76 REITS use P/FFO or P/AFFO for valuation
akirchner1 This answer seems to be implied in the CFA book although it states that the relative valuation tool is more useful than an absolute valuation metric
You need to log in first to add your comment.