“Levels of value” chart to be updated to reflect difference in restricted stock versus private stock

Business Valuation UpdateVol. 10 No. 10
October 2004
Shannon P. Pratt, CFA, ARM, ABAR, FASA, MCBA, CM&AA


The gap in discounts for lack of marketability for closely held stocks versus the discount for lack of marketability for restricted stocks of public companies has widened significantly in th ...