Question
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Does the brokers provide fair values?
1 Answer
<p id="isPasted">Brokers do not directly provide "fair values" as a standardized, universally agreed-upon price. Instead, they provide market values which are the current prices at which assets are trading, and they also offer broker opinions of value (BOVs) which are estimates based on various factors, but these are not guaranteed to be the same as a "fair value". </p>
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