Question: Which of the following are observable inputs used for fair value measurements? I. Bank prime rate. II. Default rates on loans. III. Financial forecasts. a.

Which of the following are observable inputs used for fair value measurements?

I. Bank prime rate.

II. Default rates on loans.

III. Financial forecasts.

a. I only.

b. I and II only.

c. I and III only.

d. I, II and III.

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