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In the cost approach of appraisal, the cost of the new building must be adjusted for: -physical obsolescence -loss of certain functionality -changes in the
In the cost approach of appraisal, the cost of the new building must be adjusted for:
-physical obsolescence
-loss of certain functionality
-changes in the surrounding area
-all the above must be considered
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
