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SOFE Exam AFE Topic 2 Question 7 Discussion

Actual exam question for SOFE's Accredited Financial Examiner exam
Question #: 7
Topic #: 2
[All Accredited Financial Examiner Questions]

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date is called:

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Suggested Answer: B

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