Post University ACC 325 1)What are some general object

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Homework answers / question archive / Post University ACC 325 1)What are some general objectives of appraisals? If a building for sale has an estimated market value of $800,000, could it at the same time have an investment value of $10,000,000? Why or why not? What does the term highest and best use concept mean? When is this concept applicable? What are the three basic valuation approaches? The market approach bases its estimates on comparable assets

Post University ACC 325 1)What are some general objectives of appraisals? If a building for sale has an estimated market value of $800,000, could it at the same time have an investment value of $10,000,000? Why or why not? What does the term highest and best use concept mean? When is this concept applicable? What are the three basic valuation approaches? The market approach bases its estimates on comparable assets

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ACC 325

1)What are some general objectives of appraisals?

If a building for sale has an estimated market value of $800,000, could it at the same time have an investment value of $10,000,000? Why or why not?
What does the term highest and best use concept mean? When is this concept applicable?

What are the three basic valuation approaches?
The market approach bases its estimates on comparable assets. Explain.
What is meant by economic income in relation to the discounted income method?

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