To compute an interquartile range using this definition, first remove observations from the lower quartile. Then, remove observations from the upper quartile. Then, from the remaining observations, compute the difference between the largest and smallest values.
Know the meaning of the carrying value. The carrying value is a calculation performed by the bond issuer, or the company that sold the bond, in order to accurately record the value of the bond discount or premium on financial statements. The discount or premium is amortized, or spread out, over the term of the bond.
Fair value is commonly used by investors attempting to predict how the markets will open for the day. In this context, CNBC defines fair value as âa tool used by investors to understand the relationship between the value of futures contracts and the current price of a stock.â Fair value generally is listed alongside futures data in pre-market indicators, a set of data that forecasts how the dayâs trading is likely to go. Futures Fair value is an integral element in the futures contract market.