If a Portfolio Manager Had to Estimate the Fair Value

question 79

Multiple Choice

If a portfolio manager had to estimate the fair value of private equity funds invested in a young,privately-held start-up company,which of the following would he/she most likely identify as the level of inputs to determine this?

• A) Level 1.
• B) Level 2.
• C) Level 3.
• D) None of these.

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Definitions:

Tertiary Structure

The overall three-dimensional shape of a protein, resulting from interactions among its amino acids and determining its activity and function.

Protein

Large, complex molecules made up of amino acids that are essential for various processes in living organisms, including structural support, catalysis of biochemical reactions, and regulation of genes.

Nonpolar

Describing molecules that do not have distinct positive and negative poles, resulting in a uniform distribution of charge.

Carbohydrate

A class of organic compounds consisting of carbon, hydrogen, and oxygen, primarily used by the body for energy and structural purposes.