38. Which of the following characteristics, if any, should be taken into account in valuing a specific item?
39. Under U. S. GAAP requirements, valuation may be based on an
40. Which of the following level( s) of input in the U. S. GAAP hierarchy of inputs for fair value determination is / are likely to be most appropriate for valuing basic agricultural commodities?
41. Assuming they are traded in an active market, which of the following types of investments, if any, could be valued using level 1 inputs of the U. S. GAAP hierarchy of inputs for determining fair value?
42. Quoted prices in which of the following types of markets could be level 2 inputs in determining fair value under the U. S. GAAP hierarchy of inputs for fair value determination?
43. Which of the following levels of the U. S. GAAP hierarchy of inputs used for determining fair value can be based on inputs not directly observable for the item being valued?
44. Which of the following types of active markets, if any, would be considered as providing level 1 inputs under the U. S. GAAP hierarchy of inputs for fair value determination?
45. Which one of the following beta values indicates the least volatility?
46. Which one of the following is not a limitation of the capital asset pricing model?
47. Assume the following rates exist in the U. S.: Prime interest rate = 6 %