What is fair valuation? In general, when would a fund use fair valuation? Give a specific example when fair valuation would be used for all of a fund's holdings in a particular market. Give a specific example of when it would be used for a single stock.

Answer rating: 100% (QA)

Fair valuation refers to the process of determining the value of a financial asset or security based on available information and prevailing market co... View the full answer