Provide a formal definition for fair value. What are the key elements of this definition?

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Financial Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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Question Posted: Jan 22, 2015 10:17 AM

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Provide a formal definition for fair value. What are the key elements of this definition?

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Formally SFAS 157 defines fair value as exchange price that ...View the full answer

Financial Statement Analysis

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