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SPJ Ltd sells products in three markets while the principle market cannot be easily identified. What is the fair value of its product based on

SPJ Ltd sells products in three markets while the principle market cannot be easily identified.

What is the fair value of its product based on the information in the table?

Market I

Market II

Market III

Price that would be received

$34

$32

$30

Transaction costs

(4)

(5)

(8)

Transport costs

(7)

(2)

Group of answer choices

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