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irina1246 [14]
3 years ago
15

A residential property sold for $482,500. You estimate the land value to be $150,000 and the site improvements to be worth $25,0

00. The house contained 2,930 square feet of GLA. What is the indicated allocated value per square foot of the dwelling?
Business
1 answer:
Nana76 [90]3 years ago
7 0

Answer: $104.78

Explanation:

Total allocated value per square foot = Selling price - land value - site improvement

= 482,500 - 150,000 - 25,000

= $307,000

Allocated value per square foot = 307,000/2,930

= $104.78

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Promissory estoppel is the legal principle that a promise is enforceable by law

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djverab [1.8K]

The option Randolph has a diversity action that can be brought in federal court is a true statement

Option C is correct .

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5 0
2 years ago
A General Power bond carries a coupon rate of 8%, has 9 years until maturity, and sells at a yield to maturity of 7%. (Assume an
Mamont248 [21]

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bondholders will receive 8% of $1,000 = $80

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The price of the bond varies depending on the yield to maturity, resulting in higher or lower gains for bondholders, but the actual cash amount received will always be equal to the coupon rate.

The same applies to the issuer of the bond, it may receive more or less money depending on the market rate, which increases or decreases interest expense, but the amount of money paid is always the coupon rate.

8 0
3 years ago
_____ is the element in the promotional mix of a marketing plan that evaluates the public’s attitudes, identifies issues that ma
kotykmax [81]

Answer: Public Relations

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Advertising is used to create an awareness of the product to the consumer using all forms of advertising such as radio jingle television advert, billboards etc.

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4 years ago
A firm is considering the purchase of an asset whose risk is greater than the current risk of the firm, based on any method for
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Answer:

e) Increase the required rate of return used to evaluate the project to reflect the higher risk of the project

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As per the basic concept of investment, "higher the risk, higher the return".

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