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A major weakness of the policy of mass retaliation was that by the mid-1950s, the United States and the Soviet Union had created more powerful hydrogen bombs, meaning that every global dispute turned into a possible war of annihilation.
Fair Value
The estimated market value of an asset or liability, based upon current conditions and mutually informed and willing parties.
Long-Term Investments
Assets that a company intends to hold for more than one year, such as stocks, bonds, or real estate.
Unrealized Gain
An unrealized gain is an increase in the value of an investment or asset that has not been sold, and consequently, the profit has not yet been taken or considered as income.
Fair Value Adjustment
Fair value adjustment involves altering the reported value of a company's assets or liabilities to reflect their current market values.
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