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A comparable property sold 4 months ago for $287,000. If the appropriate adjustment for market...

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Finance

A comparable property sold 4 months ago for $287,000. If the appropriate adjustment for market conditions is -0.50% per month (without compounding), what would be the adjusted price of the comparable property assuming all else is the same between the two properties?

Multiple Choice

  • $269,780.00

  • $281,260.00

  • $285,565.00

  • $292,740.00

Answer & Explanation Solved by verified expert
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