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Basic Question 1 of 5

When determining the definition of value, the most important two factors are:

I. The use of valuation.
II. The nature of operation.
III. The status of the company.
IV. The buyer/seller's requirements and expectations.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe uses of private business valuation and explain applications of greatest concern to financial analysts;

CFA® 2025 Level II Curriculum, Volume 4, Module 25.