- CFA Exams
- CFA Level I Exam
- Study Session 11. Equity Valuation (3)
- Reading 31. Private Company Valuation
- Subject 3. Definitions (standards) of value
CFA Practice Question
Which statement is true?
B. Investment value must be higher than or equal to market value.
C. Investment value must be lower than or equal to market value.
A. Investment value can be either higher or lower than market value.
B. Investment value must be higher than or equal to market value.
C. Investment value must be lower than or equal to market value.
Correct Answer: A
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