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Which, if any, of the following statements reflects the correct tax valuation rules? Group of answer choices The value of a note receivable is its

Which, if any, of the following statements reflects the correct tax valuation rules?

Group of answer choices

The value of a note receivable is its face amount.

The geographical location of the property is not relevant.

None of the above.

Amounts listed in the classified section of the newspaper are not representative of the value of tangible personality. Sentimental value should not be considered.

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