Abstract
Risk is related to return — the level of risk determines the level of return. The Capital Market Line identified in chapter 4 shows this relationship.
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References
Baum, A. and Crosby, N. (1988). Property Investment Appraisal, Routledge and Kegan Paul, London.
Byrne, P. and Cadman, D. (1984). Risk, Uncertainty and Decision Making in Property Development, Spon. London.
Markowitz, H. (1959). Portfolio Selection — Efficient Diversification of Investments, Yale University Press, New Haven, Conn.
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© 1991 David Isaac and Terry Steley
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Isaac, D., Steley, T. (1991). Risk. In: Property Valuation Techniques. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-21573-7_11
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DOI: https://doi.org/10.1007/978-1-349-21573-7_11
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-47151-7
Online ISBN: 978-1-349-21573-7
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