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Basic Question 1 of 2
The asset-based approach can be used to value:
II. Very small companies.
III. Companies that were recently formed and have limited operating histories.
I. Closed end investment companies.
II. Very small companies.
III. Companies that were recently formed and have limited operating histories.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe the asset-based approach to private company valuation;
CFA® 2025 Level II Curriculum, Volume 4, Module 25.