Examination of Mercers QMDM reveals inadvertent error

Business Valuation UpdateVol. 7 No. 3
March 2001
marketability, quantitative marketability discount model (QMDM)

Summary

In this exchange between Eric Engstrom and Chris Mercer, Eric pinpoints an inadvertent error in Mercers "Base Case" for his Quantitative Marketability Discount Model. Erics interpretation wo ...