Examlex
What level are inputs for estimating fair values based on a firm's own assumptions about the fair value of an asset or a liability,such as using various data to estimate present values?
Futures Contracts
Standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Downside Risk
The potential for loss in an investment or the financial risk associated with the lower-than-expected return.
Upside Potential
The potential for the price of an asset to rise, often based on various factors including company performance, market conditions, or economic indicators.
Predictable Cash Flows
Cash flows that can be reasonably forecasted or estimated based on historical data and expected future events, providing a measure of financial stability.
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Q77: What level are inputs for estimating fair