Interviewers ask this kind of question to surface how you think, not what you remember. The strongest answers are specific, calmly told, and end on what changed.
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You hold a small private or thinly-traded position, a comparable transaction just printed sharply below your carrying mark, but it's a distressed, arguably non-comparable deal. Do you re-mark on your own, and if not, at what point does this leave your desk?
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