For an operating building, Dorvik obtains three indications: 3,150,000 (market), 3,420,000 (income) and 2,900,000 (cost). Based on its assessment of the relevance and reliability of each technique (case data), it gives them weights of 50 %, 30 % and 20 % respectively. What is the fair value retained?
- Market approach result
- 3,150,000
- Income approach result
- 3,420,000
- Cost approach result
- 2,900,000
- Market weight
- 50 %
- Income weight
- 30 %
- Cost weight
- 20 %