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11. Which of the following would be considered a Level 3 fair value estimate? a) The valuation of goodwill obtained from a purchase transaction. b)

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11. Which of the following would be considered a Level 3 fair value estimate? a) The valuation of goodwill obtained from a purchase transaction. b) The valuation of a building held for over 20 years. c) The valuation of an equity investment traded on the NYSE. d) The valuation of a bond investment with a 10 year maturity and an A+S&P bond rating

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