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House a Has an Ocean View and House B Does

Question 40

Multiple Choice

House A has an ocean view and House B does not.In all other respects,the two houses are the same.The market price of house A is $2,800,000; the market price of house B is $2,600,000.The ocean view is therefore valued at


A) $200,000.
B) $1,950,000.
C) -$700,000.
D) $2,700,000.

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