Lorvane values an unlisted interest using two techniques: the market approach gives 1,240,000 and the income approach 1,180,000. After assessing their relevance and reliability, the valuer uses (case data) weights of 60 % and 40 %. Compute the weighted fair value.
- Market approach indication
- 1,240,000
- Income approach indication
- 1,180,000
- Market weight
- 60 %
- Income weight
- 40 %