Fair Value Equation

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Fair Value Equation
Yahia, Professor, Jordan, Member
Hi, I'm looking for a Fair Value governing equation. Is thee any general differential or partial differential equation which can be used for representing or governing Fair Value as a function of (say x, y, t and any other parameters)? (...) Read more? Sign up for free
 

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Fair Value Equation / Formula
Jaap de Jonge, Management Consultant, Netherlands
Under GAAP, the Fair Value of an asset is the amount at which that asset could be bought or sold in a current transaction between willing parties, other than in a liquidation. On the other side of the balance sheet, the Fair Value of a liability is the amount at which that liability could be incurred or settled in a current transaction between willing parties, other than in a liquidation.
In other words, Fair Value is determined by the market price where the particular asset is traded.
 

         
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