NO.PZ2018111302000002
问题如下：
According to the below information, what is the value of the Property A using the cost approach?
Land value is $3 million, replacement cost is $52 million, physical depreciation is $5 million, functional obsolescence is $1 million.
选项：
A.$54 million.
B.$50 million.
C.$49 million.
解释：
C is correct.
考点：成本法估计房地产价值
解析：成本法下，房地产价值=土地价值+重置成本-物理折旧-功能性折旧 = 3+52-5-1=$49 million
辅导员你好，请问李老师的讲义中已经没有完整的replacement cost的公式了。是否新考纲已经删减掉了？
