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SOFE Exam AFE Topic 2 Question 95 Discussion

Actual exam question for SOFE's AFE exam
Question #: 95
Topic #: 2
[All AFE Questions]

is the price in a hypothetical transaction at the measurement date in the market in which the reporting entity would transact for the asset or liability

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Suggested Answer: D

Contribute your Thoughts:

Edna
19 days ago
I'm feeling lucky with A) Feasible financial price. Hey, you never know what these examiners are thinking!
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Oretha
21 days ago
B) Asset/Liability price sounds like the winner to me. I mean, it's literally in the question, so it's gotta be right, right?
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Mari
8 days ago
A) Feasible financial price
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Roslyn
24 days ago
Hmm, I think D) Exchange price is the way to go. Gotta love those fancy financial terms, amirite?
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Sylvie
4 days ago
User 2: Yeah, I agree. It's all about that exchange price in the market.
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Heidy
6 days ago
User 1: I think D) Exchange price is the correct answer.
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Clay
1 months ago
I'm not sure, but I think it could also be A) Feasible financial price, as it represents a realistic price in the market.
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Mendy
1 months ago
C) Principal price, of course! That's the only one that makes sense in the context of the question.
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Barney
29 days ago
C) Principal price, of course! That's the only one that makes sense in the context of the question.
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Pansy
1 months ago
A) Feasible financial price
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Freeman
1 months ago
I agree with Broderick, because the exchange price reflects the price in a hypothetical transaction.
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Broderick
2 months ago
I think the answer is D) Exchange price.
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