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Question 18 / 22: 

Choose 2 out of the 3 questions below, and answer each question in the space provided below that question.

Please be sure it is clear to us which question you DON’T want to be graded.

If the TA cannot figure it out, we will grade only the first four.

 Is it appropriate, and if so, why is it appropriate, to apply a riskless or nearly riskless OCC to construction cost cash flows in the typical development project?
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Real Estate Finance & Investment Final Exam 2006

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Attribution:  Geltner, David, and Tod McGrath. 11.431J Real Estate Finance and Investment, Fall 2006. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/urban-studies-and-planning/11-431j-real-estate-finance-and-investment-fall-2006 (Accessed 1 May, 2014). License: Creative Commons BY-NC-SA
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