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Suppose for a given property you have estimated the reproduction cost new of the improvements to be $250,000, the total for all components of accrued
Suppose for a given property you have estimated the reproduction cost new of the improvements to be $250,000, the total for all components of accrued depreciation to be $50,000, and the typical improvements value to total value ratio to be 0.75. The estimated land value for the given property is:
a. $50,000 b. $55,556 c. $62,500 d. $66,667
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