Explain the level of fair value hierarchy and the valuation

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Problem 1: Explain the level of fair value hierarchy and the valuation technique that would most likely apply to the following items. Cite the supporting Codification paragraph(s).

  1. Investment in privately-held stock
  2. Donation of 5,000 shares of the company's stock to a local foundation. 
  3. Donation of a parcel of land by a local government to a company upon the company's relocation to the area.

Reference no: EM132695770

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