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Green Ltd holds an asset that is traded in four different markets: Market A, Market B, Market C and Market D. Green does not have
Green Ltd holds an asset that is traded in four different markets: Market A, Market B, Market C and Market D. Green does not have a principal market for the asset. Green Ltd has provided the following information in relation to each of these markets:
| Market A $ | Market B $ | Market C $ | Market D $ |
Price | 105 | 100 | 96 | 90 |
Transport costs | 15 | 6 | 6 | 4 |
Transaction costs | 2 | 4 | 2 | 4 |
What is the fair value of the asset in accordance with the requirements of AASB 13 Fair Value Measurement?
Group of answer choices
$96
$88
$92
$94
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