Approximately what percentage of assets reported under fair value by S&P 500 companies currently incorporate Level 3 inputs for fair value estimation?

Question

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According to a study by Audit Analytics, approximately 10% of assets reported under fair value by S&P 500 companies incorporate Level 3 inputs for fair value estimation. This indicates that a significant majority of reported fair values rely on observable inputs (Level 1 or 2) rather than unobservable inputs (Level 3).

Approximately What Percentage of Assets Reported Under Fair Value by S&P