Question
I have the answer, but I am unsure how to get to that answer. PLEASE SHOW WORK. If a building's reproduction cost is $250,000, its
I have the answer, but I am unsure how to get to that answer. PLEASE SHOW WORK.
If a building's reproduction cost is $250,000, its replacement cost is $300,000, and its economic life is 20 years and an effective age of 4 years, what is the value of the property if the lot is valued at $40,000
a. 250,000
b. 260,000
c. 280,000 CORRECT ANSWER
d. 300,000
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
