Question
Denise and Kelly are ready to make an offfer on an 1,800-square-foot home that is priced at $135,000. They investigate other homes on lots of
Denise and Kelly are ready to make an offfer on an 1,800-square-foot home that is priced at $135,000. They investigate other homes on lots of similar size and find the following information:
- A 2,400-square-foot home sold for $168,000.
- A 1,500-square-foot home sold for $106,500.
- A 1,100-sqare-foot home sold for $79,000.
What offer should they make on the home?
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
