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Question 59 - CTFA discussion

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The actual value of an asset, or the price of an asset, or the price for which it can reasonably be expected to sell in the open market is its:

A.
Actual price
Answers
A.
Actual price
B.
Book value
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B.
Book value
C.
Depreciation amount
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C.
Depreciation amount
D.
Fair market value
Answers
D.
Fair market value
Suggested answer: D
asked 16/09/2024
Vicky Mukhy
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