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6. Which of the following regarding the final value opinion is TRUE? (1) The final value opinion is the average of the different value indications
6. Which of the following regarding the final value opinion is TRUE? (1) The final value opinion is the average of the different value indications derived. (2) The appraiser must explain why one approach may have been relied upon more than another. (3) A mechanical formula is used to select one final indication of value from the three approaches. (4) Final reconciliation is an objective process and relies only on proper application of appraisal techniques
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