单选题 Which real estate valuation approach is most likely to require specific information about an investor to estimate the value of a property? A. Cost approach. B. Income approach. C. Discounted after-tax cash flow approach.

【正确答案】 C

【答案解析】Because the after-tax cash flow approach requires specific information about the investor's marginal tax rate, the value of the property to an investor depends on the investor's marginal tax rate.