le 1. Chicken Co. holds 30,000 shares of Wings Co. Wings Co.'s shares are traded in three active markets. Information on market prices as at Dec. 31 is as follows: Market A Market B Market C Quoted price 100 105 102 Transaction costs 4 10 5 here Chicken Co, normally buys and sells Wings Co.'s shares in Market Co. B. What is the fair valuation of the investment in Wings shares? ares a. 3M b. 3.15M c. 3.06M d. 2.91M