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You observe scrub jays hiding food and notice that one particular individual only pretends to hide food.Your experiments associate the presence of other siblings with the frequency of pretending to cache food.A colleague shows you animals of the same species that do not perform this pretend caching.How does this information affect your conclusions about this behaviour?
Fair Value
An estimate of the market value of an asset or liability, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.
Valuing Assets
The process of determining the present worth of an asset or company.
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