- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Valuation
- Learning Module 27. Private Company Valuation
- Subject 7. Asset-Based Approach to Private Company Valuation
CFA Practice Question
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.
Correct Answer: I, II and III
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