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11 Why, unlike other types of hard assets, does real estate have substantial residual value? (Select the two that apply) Real estate doesn't lose market

11 Why, unlike other types of hard assets, does real estate have substantial "residual value"? (Select the two that apply) Real estate doesn't lose market value as fast as accounting depreciation 1.5 pts Real estate usually (but not always) appreciates in value over time There is a "real option value" imbedded in many forms of real estate Other types of hard assets usually require greater maintenance costs than real estate

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