Multiple Choice
Which of the following is not an example of a level 2 input:
A) A financial forecast of cash flow or earnings.
B) Quoted prices for identical or similar assets or liabilities in markets that are not active.
C) Inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves, volatilities, prepayment speeds, and credit risks.
D) Inputs that are derived from or corroborated by observable market data by correlation or other means.
Correct Answer:

Verified
Correct Answer:
Verified
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