Income capitalization, flotation costs, and the cost of capital

Authors

Richard R. Simonds, Michigan State University

Abstract

This article addresses the use of a flotation-cost adjustment when used with the income approach.

First Page

23

Last Page

29

Keywords

Income approach to value, Capitalization

Recommended Citation

Simonds, R. R. (2006). Income capitalization, flotation costs, and the cost of capital. Journal of Property Tax Assessment & Administration, 3(4), 23-29. Retrieved from https://researchexchange.iaao.org/jptaa/vol3/iss4/3