BVR is pleased to announce that the new third edition of Business Valuation: An Integrated Theory
is now available in its bookstore. Co-written by Z. Christopher Merce
r and Travis W. Harms
(both with Mercer Capital), the book is designed to demystify modern valuation theory and show how to apply fundamental valuation concepts. There is also a detailed discussion of the quantitative marketability discount model (QMDM), a shareholder-level DCF model Mercer developed that values interests in a business in the context of an appraisal of the entire enterprise. For more information, click here
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