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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
The fair value of an investment is the price that ________.
A) existed at the time of acquisition
B) is not relevant for trading investments
C) is always equal to the weighted average cost of the investment
D) would be received if the company were to sell the investment on the market
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
wrote...
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Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
dljgolf22
wrote...
7 years ago
I'm liking this Slight Smile
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