NO.PZ2023123001000001
问题如下:
Which valuation feature will Schwalke finddifferent in valuing private companies versus public companies?
选项:
A.
UsingFCFF to value companies
B.
Usingmarketmultiples to value companies
C.
Assessingdiscountsto account for illiquidity
解释:
C isCorrect. An issue with private versus public company valuations is the need to adjustthe valuation downward to account for a lack of liquidity.
A and Bare both incorrectbecause FCFF and multiples are used in both private and public company valuations.
B的乘数法 private没有很好的baseline可以比较 和上市公司明显不一样啊 为什么不对呢