Net realisable Value vs Market Price

They are related in the sense that the Market price cannot be:
a) higher than NRV
OR
b) lower than NRV minus Profit Margin.
If your NRV is $10 and the Profit would be $2 then:
1) If Market is $6 you have to go with $8 because that is your lower boundary ($10-$2=$8)
2) If Market is $15, you have to go with $10, which is your upper boundary.
3) If Market is $9.21, you can go with that.
Someone asked the same question a while ago (it might have been me):
http://www.analystforum.com/forums/cfa-forums/cfa-level-i-forum/91348503
 
Also, keep in mind that the term market refers to the replacement cost.
So in this context, both are used interchangably.
 
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