The process of converting periodic income into a value estimate is referred to as income capitalization. Income capitalization models can generally be categorized as either direct capitalization models or discounted cash flow models. Which of the following statements best describes the direct capitalization method?
A. Value estimates are based on a multiple of expected first year net operating income.
B. Appraisers must make explicit forecasts of the property's net operating income for each year of the expected holding period.
C. Appraisers must select the appropriate yield at which to discount future cash flows.
D. The forecast must include the net income produced by a sale of the property at the end of the expected holding period.

Read an excerpt from a speech by benito mussolini. italy! italy! entirely and universally fascist! the italy of the blackshirt revolution, rise to your feet; let the cry of your determination rise to the skies and reach our soldiers in east africa. let it be a comfort to those who are about to fight. let it be an encouragement to our friends and a warning to our enemies. it is the cry of italy which goes beyond the mountains and the seas out into the great world. it is the cry of justice and of victory. how does this excerpt support the idea that mussolini was a charismatic dictator? it shows how he used persuasive language to rally citizens. it explains his use of an aggressive foreign policy in europe. it shows how he used a secret police force to terrorize citizens. it explains how he used education to indoctrinate young people.

True or false? correlations can only be negative.

Which of the following is not a country in the middle east (plato) a. armenia b.azerbaijan c.somalia d.sudan