Which is not an example of a level two input

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Reference no: EM132637107

Problem 1: Which of the following is not an example of a level 2 input?

Select one:

Option a. Inputs that are derived from or corroborated by observable market data by correlation or other means.

Option b. Quoted prices for identical or similar assets or liabilities in markets that are not active.

Option 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.

Option d. Quoted prices in active markets for identical assets or liabilities.

Reference no: EM132637107

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