Correct option is D
Assessed value:
The assessed value is a property's determined valuation to calculate the appropriate tax rates.
An assessment considers sales of similar homes, square footage, current market conditions, and home inspection findings in its final determinations.
Book Value: The book value is defined as the total estimated value that shareholders of a company would receive if the management decides to sell or liquidate it at any given point in time.
Salvage Value: The salvage value is an accounting tool that is helpful in providing an estimation of a tangible asset’s value at the end of its useful life.
Market Value: The market value of the property is the amount that can be obtained at any particular time from the open market.
