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NDAQ » Topics » Technology - Supporting

This excerpt taken from the NDAQ 10-Q filed Nov 7, 2008.

Technology – Supporting

The fair values of certain supporting technologies were valued using the cost approach, specifically the replacement cost new approach, to determine the current cost to purchase or replace the supporting technologies. This valuation methodology is based on the concept that a prudent investor would pay no more for an asset than the amount necessary to replace the asset.

The following is a summary of the indicated fair value for the supporting technologies:

 

(in millions)

    Supporting

Sum of estimated replacement costs

    $ 2.5

Discounted tax amortization benefit

      0.5
      

Indicated fair value

    $ 3.0
      

 

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Table of Contents
This excerpt taken from the NDAQ 8-K filed Aug 1, 2008.

Technology – Supporting

The fair values of certain supporting technologies were valued using the cost approach, specifically the replacement cost new approach, to determine the current cost to purchase or replace the supporting technologies. This valuation methodology is based on the concept that a prudent investor would pay no more for an asset than the amount necessary to replace the asset.

The following is a summary of the indicated fair value for the supporting technologies:

 

(in millions)

    Supporting

Sum of estimated replacement costs

    $ 2.5

Discounted tax amortization benefit

      0.5
      

Indicated fair value

    $ 3.0
      

EXCERPTS ON THIS PAGE:

10-Q
Nov 7, 2008
8-K
Aug 1, 2008

RELATED TOPICS for NDAQ:

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