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Asset X can be sold in two markets. In Market A Price is $40, Transaction Costs is $3, Transport costs is $2. In Market B,

Asset X can be sold in two markets. In Market A Price is $40, Transaction Costs is $3, Transport costs is $2. In Market B, Price is $42, Transaction Costs is $4, Transport costs is $2. What is the fair value of asset X?

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