Medici Patriarchs purchased the following investments during 2020: Based on the IFRS 13 guidance, indicate at which level in the fair value hierarchy these investment values will fall.

(a)		1,000 shares of Private Limited, a start-up company. The value of this investment was based on an internally developed model.		Level 1Level 2Level 3
(b)		5,000 shares of CIBC, a public company listed on the TSX.		Level 1Level 2Level 3
(c)		$15,000 of corporate bonds. Although these bonds do not trade in an active market, their value closely reflects movements in the Bank of Canada bond rate.		Level 1Level 2Level 3