Q10. The sales approach makes two types of adjustments besides sequence of adjustments and they are: a. Dollars and percent b. discounting and compounding c. cash flow and present value d. IRR & NPV Q11. In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a particular transaction occurred. Property A sold 18 months ago for $235,000 and Property B sold 12 months ago for $215,000. If the two properties are priced today at $239,500 and $222,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for changes in market conditions? a. 0.09% b. 0.17% c. 0.19% d. 0.32% e. None of the above
Q10. The sales approach makes two types of adjustments besides sequence of adjustments and they are: a. Dollars and percent b. discounting and compounding c. cash flow and present value d. IRR & NPV Q11. In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a particular transaction occurred. Property A sold 18 months ago for $235,000 and Property B sold 12 months ago for $215,000. If the two properties are priced today at $239,500 and $222,300, respectively, what is the average monthly rate of increase that can be used to adjust comparable prices for changes in market conditions? a. 0.09% b. 0.17% c. 0.19% d. 0.32% e. None of the above
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 90PSB
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