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Basic Question 2 of 6
The benefits of control include the abilities to:
II. Set management compensation and perks.
III. Pay (or not pay) dividends to shareholders.
IV. Control the operation and course of the business.
I. Appoint or change management.
II. Set management compensation and perks.
III. Pay (or not pay) dividends to shareholders.
IV. Control the operation and course of the business.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain and evaluate the effects on private company valuations of discounts and premiums based on control and marketability;
CFA® 2024 Level II Curriculum, Volume 4, Module 27.