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The Normal Method to Reach a Final Estimate of Value

Question 3

Multiple Choice

The normal method to reach a final estimate of value in a narrative appraisal is


A) an adjusted average of the approaches to value as determined by the judgment of the appraiser.
B) whatever value is shown by the major approach.
C) a mathematically determined average of all approaches.
D) only the capitalized value as determined by the current market rate of return.

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