- 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
The value of a company or an asset based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors, is referred to as:
A. Market value.
B. Investment value.
C. Intrinsic value.
Explanation: The intrinsic value includes other variables such as brand name, trademarks, and copyrights that are often difficult to calculate and sometimes not accurately reflected in the market price.
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