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What Are Level 3 Assets?

By Kristi WaterworthUpdated Dec 3, 2025 at 1:26 AM

Key Points

  • Level 3 assets are hard to value and sell due to their unique and rare nature.
  • Investors need to grasp Level 3 assets risks if investing in firms heavily involved with them.
  • Valuing Level 3 assets often involves estimates via complex economic models.

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