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?Fair value? under the
Guidelines would equate with its market value where there is a market for
the underlying asset (for example, real property). In the absence of a
market value for the asset, ?fair value? would be based on what a willing
buyer and a willing seller would agree upon.
Remark: A Bond is a debt
investment in which an investor loans money to an entity (corporate or
governmental) that borrows the funds for a defined period of time at a fixed
interest rate. Bonds are used by companies, municipalities, states and U.S.
and foreign governments to finance a variety of projects and activities.
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