DG Pte.Ltd. holds an asset that is traded in three different markets but it usually buys and sells in Market Z. Information about all three markets follows. Market X Market Y Market Z Volume (Anuual) 60,000 24,000 12,000 Price ($) 60.00 57.60 63.60 Transportation costs ($) (4.50) (4.50) (6.00) Transaction costs ($) (2.00) (4.00) (4.00) 1. What is the fair value of the asset? (Explain your answer) 2. What happen if DG Pte. Ltd is unable to access Market X and Y?