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Unformatted text preview: prior, unrelated event. The appraised value of the land is a reasonable alternative (if based on appropriate fair value estimation techniques). However, it is an appraisal as opposed to a market-determined price. The trading price of the stock is probably the best measure of fair value in this transaction....
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This note was uploaded on 01/31/2011 for the course ACCT 302 taught by Professor Leee during the Winter '10 term at Grand Rapids Community College.
- Winter '10
- Treasury Stock