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Business, 22.01.2020 02:31 Crxymia

Acompany has an equity investment with a historical cost of $500,000 that is traded in an active market. at december 31, year 1, the quoted price for an identical investment was $400,000 and the quoted price for a similar investment was $430,000. using the company's internal present value of cash flows model, the company arrived at a value of $410,000. what amount is the value of the investment on december 31, year 1?

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