Revision 2 – Investment Appraisal
31. (p. 239) If your home is assessed for $200,000, the market value of the home should be less than $200,000. FALSE. According to the Personal Finance in Practice, the assessed value is normally lower than the market value. Bloom's: Comprehension Difficulty: Medium Learning Objective: 4 Topic: Selling a home Multiple Choice Questions ................
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