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bill wants to make an offer to buy a condominium using an income approach. the...

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Accounting

bill wants to make an offer to buy a condominium using an income approach. the asking price is 150,000 and the monthly net income is 1,000 . if bill decides to offer 120,000 what income calculation is he using to determine his approach
a reconciliation
b capitalzation rate
c gross rent multipler
competitive market analysis

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