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Q 3.37: One of the criticisms of requiring firms to mark the balance accounts to market is that prices may not equal fundamental values. This
Q 3.37: One of the criticisms of requiring firms to mark the balance accounts to market is that prices may not equal fundamental values. This means that prices may not A equal the current worth of the historical cash flows associated with the account. B be stable enough over time to include on the balance sheet. c equal the current depreciated value of the account. D equal the present value of expected future cash flows associated with the account
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