Appraiser are more likely to estimate actual capital expenditures in the period (year) they are expected to be incurred if the appraiser is using a a discounted cash flow model.
It should be noted that an appraiser simply means an individual whose job is to access the monetary value of an asset.
In this case, appraiser are more likely to estimate actual capital expenditures in the period (year) they are expected to be incurred if the appraiser is using a a discounted cash flow model.
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