Text
Valuing illiquid common stock
Illiquid common stock is worth less than stock that can be readily sold because the investor incurs an opportunity cost by being locked into the investment. Quantifying the amount of this illiquidity discount is an important issue in valuing certain common stock, especially for estate valuations. We examine whether a previously developed analytical model for valuing the lost "option to sell" when a stock is illiquid is a useful, practical tool for valuing illiquid common stock. .Printed journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| FAJ6404 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Virginia: CFA Institute 2008 |
|---|---|
| Edisi | Vol. 64, No. 4, Jul. - Aug., 2008 |
| Subjek | Liquidity Volatility studies Common stock Valuation methods |
| ISBN/ISSN | 0015198X |
| Klasifikasi | NONE |
| Deskripsi Fisik | 7 p. |
| Info Detail Spesifik | Financial Analysts Journal |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |