[jpat1980]

Lets say for example that I am wanting to report the FV of an asset…

There is no primary market for identical assets (No Level 1 inputs)

But I have 2 level 2 inputs that report different FVs —

(1) is an identical asset in a secondary market and

(2) is a similar asset in a primary market…

Which FV do we report?

AUD-68,74,88
REG-81
BEC-75
FAR-71,79
(Primary: Becker | Supplemental: Wiley MCQ's, Ninja Notes)

CFP - passed(3/2013)
(KIER, College for Financial Planning-cffp.edu, Jeff Rattiner Books and Notes)