[{"data":1,"prerenderedAt":71},["ShallowReactive",2],{"q-house-109-1-appraisal-014":3},{"subject":4,"subjectSlug":5,"subjectKicker":6,"subjectShort":7,"subjectMcqNote":8,"question":9,"related":25,"sameNumber":50,"hasEssay":24},"不動產估價概要","appraisal","不動產估價 · Appraisal","不動產估價","105–106 年 40 題(每題 1.25 分)、107 年起 25 題(每題 2 分)",{"id":10,"webId":11,"year":12,"session":13,"subject":4,"number":14,"stem":15,"options":16,"answer":21,"answerNote":22,"lawYear":12,"explanation":23,"freq":13,"indexable":24},"house-109-1-不動產估價概要-014","house-109-1-appraisal-014",109,1,14,"某商用不動產之自有資金要求報酬率 8%、向銀行融資之利率 4%，當自有資金的比重為 50%，以加權平均資金成本法估算之收益法折現率為何？",{"A":17,"B":18,"C":19,"D":20},"4%","6%","8%","10%","B",null,"本題考點：《不動產估價技術規則》第 43 條第三款的加權平均資金成本法，用於決定收益法之折現率。\n【正解理由】依《不動產估價技術規則》第 43 條第三款，收益資本化率或折現率得依加權平均資金成本方式決定，計算式為各資金來源占總資金成本比例 Wi 乘以該資金來源之利率或要求報酬率 Ki 後加總，且各 Wi 合計等於一。自有資金比重 50%、要求報酬率 8%，銀行融資部分比重即為 50%、利率 4%；50%×8%＝4%，50%×4%＝2%，兩者相加為 6%，故選 B。\n【逐項排除】\n(A) 4% 只是銀行融資的利率本身，未依《不動產估價技術規則》第 43 條第三款乘上各自比重再加總。\n(B) 4%＋2%＝6%，正是兩個資金來源按比重加權後之和，與加權平均資金成本法之計算式相符。\n(C) 8% 只是自有資金的要求報酬率，同樣未乘上 50% 的比重。\n(D) 10% 相當於自有資金報酬率未乘比重、僅對融資利率乘上 50% 比重所得，兩項比重合計不等於一，不符《不動產估價技術規則》第 43 條第三款各 Wi 合計為一的要求。\n【記憶點】加權平均資金成本＝自有資金比重×要求報酬率＋借貸資金比重×利率，兩個比重加起來必須是一。",true,[26,30,34,38,42,46],{"webId":27,"stem":28,"number":29,"year":12,"session":13},"house-109-1-appraisal-013","不動產市場是一動態的市場，對於估價的變動原則，下列敘述何者錯誤？",13,{"webId":31,"stem":32,"number":33,"year":12,"session":13},"house-109-1-appraisal-015","估價人員應用收益法估價時，若某建物經濟耐用年數 45 年、經歷年數 10 年、殘價率 10%，當採取等速折舊型時，建物價格日期當時價值未來每年折舊提存率為何？",15,{"webId":35,"stem":36,"number":37,"year":12,"session":13},"house-109-1-appraisal-012","正常價格的定義中，不包含下列那一要件？",12,{"webId":39,"stem":40,"number":41,"year":12,"session":13},"house-109-1-appraisal-016","某建築開發公司擬開發建地，開發或建築後預期總銷售金額估計 8.8 億元，開發直接成本 3 億元、間接成本 8 千萬元，開發商要求利潤率 20%、資本利息綜合利率 4%，試問土地開發分析價格多少？",16,{"webId":43,"stem":44,"number":45,"year":12,"session":13},"house-109-1-appraisal-011","以下直接資本化法之定義敘述，何者為正確？",11,{"webId":47,"stem":48,"number":49,"year":12,"session":13},"house-109-1-appraisal-017","依據不動產估價技術規則，有關成本法資本利息的敘述，下列敘述何者錯誤？",17,[51,55,59,63,67],{"webId":52,"year":53,"stem":54,"number":14},"house-114-1-appraisal-014",114,"下列何者是個別因素之描述？",{"webId":56,"year":57,"stem":58,"number":14},"house-113-1-appraisal-014",113,"有關收益法的公式，下列何者錯誤？",{"webId":60,"year":61,"stem":62,"number":14},"house-112-1-appraisal-014",112,"決定收益資本化率之方法中，選擇數個與勘估標的相同或相似之比較標的，以其淨收益除以價格後，以所得之商數加以比較決定之方法為何？",{"webId":64,"year":65,"stem":66,"number":14},"house-111-1-appraisal-014",111,"不動產估價比較法於市場成交資訊充足時廣為運用，有關比較法之敘述，下列何者錯誤？",{"webId":68,"year":69,"stem":70,"number":14},"house-110-1-appraisal-014",110,"都市更新權利變換前之透天厝（僅有一所有權人）房地總價為 1,500 萬元，房地價值比為 1:9。若該基地素地價格經評估為 1,300 萬元整，請問該基地之權利價值依不動產估價技術規則規定應為多少？",1786689129961]