Iran’s additional damage data valued domestic materials and equipment in rials and imported items in dollars. Authorities said both components used replacement costs at 1988 prices, establishing the valuation basis of the report’s estimate.
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What valuation basis did Iranian authorities specify?
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Explanation
The report describes replacement-cost valuation for domestic and imported components.
The report valued all damage solely at original 1955 purchase prices.
🎉😄
😢
Explanation
Iran’s additional damage data valued domestic materials and equipment in rials and imported items in dollars. Authorities said both components used replacement costs at 1988 prices, establishing the valuation basis of the report’s estimate.