CFA Practice Question

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CFA Practice Question

Which statement is false?

A. While all closely held shares lack the liquidity that shares traded on a public exchange enjoy, their liquidity is influenced by the level of control.
B. Noncontrolling equity interests in private companies may sometimes be worth more than controlling equity interests.
C. DLOC and DLOM are often linked.
Correct Answer: B

they cannot worth more than controlling equity interests.

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