Which of the following is NOT a recognized type of value for tangible assets?

Market jugging value is not a recognized type of value for tangible assets. The concept of "market jugging value" does not have a basis in the established valuation frameworks or practices used in business valuation or tangible asset assessment.

On the other hand, replacement cost new refers to the cost to replace an asset with a new one of similar utility, which is an important valuation metric used especially in insurance and asset management contexts. Fair market value in continued use represents the price that a knowledgeable buyer would pay for an asset, considering its ongoing utility, and is significant in assessing the value in its actual operational context. Forced liquidation value reflects the amount that can be expected from selling an asset quickly, typically under duress, assuming that the seller must sell immediately, which is relevant in distressed asset scenarios. These recognized types of value help valuation professionals determine the worth of tangible assets under different circumstances and scenarios.