When using the market data method of appraising for a single-family residence, the unit of comparison is the:

A: Gross multiplier;
B: Cubic feet;
C: Entire property;
D: Capitalization rate.

Answer: C: Entire property;

Business

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What are parametric cost estimates and how are they developed?

What will be an ideal response?

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The Capital Asset Pricing Model (CAPM) includes which of the following in its base assumptions?

I. Investors should earn a minimum return equal to the risk-free rate. II. Investors in the market should earn a return greater than the return on the overall market. III. Investors should be rewarded for the amount of risk they assume. IV. Investors should earn a return located above the Security Market Line. A) I and III only B) II and IV only C) I, II and III only D) I, III and IV only

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