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21) The subject farm property has 80 acres of irrigated cropland, 120 acres of pasture,...

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21) The subject farm property has 80 acres of irrigated cropland, 120 acres of pasture, and 40 acres of woodland. Comparable A has 150 acres of irrigated cropland and 80 acres of woodland. Comparable A sold for $735,000. Assuming the market has indicated that pasture sells for 75% of irrigated cropland prices and woodland sells for 50% of irrigated cropland prices, what is the value of the subject farm? A) $699,200 B) $624,000 C) $768,000 D) $720,000

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