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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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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

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

CFA® 2024 Level II Curriculum, Volume 4, Module 27.