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Which level of the fair valuation hierarchy has the fewest observable inputs? Level 1 Level 2 Level 3 Level 4 For the period ended 2008-02-29,

Which level of the fair valuation hierarchy has the fewest observable inputs?

Level 1

Level 2

Level 3

Level 4

For the period ended 2008-02-29, Lehman Brothers was recorded a fair value gain on what?

Debt liabilities

Residential mortgages

Commercial mortgages

Other asset backed (non-residential) securities

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