If an appraiser determines the value of a property by considering the income that it produces and the percentage return which can reasonably be expected to be earned on the investment, he is using a process which is called:
A: Market data method;
B: Breakdown method;
C: Cost approach;
D: Capitalization.
Answer: D: Capitalization.
Business
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Fill in the blank(s) with the appropriate word(s).
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Fill in the blank(s) with the appropriate word(s).
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