New Abbott Analysis Aids Valuators in Assessing Liquidity Discounts

Business Valuation UpdateVol. 13 No. 11
Data and Publications Update
November 2007

Summary

While there is a general consensus that liquidity is an important component of asset-pricing, there is a wide divergence of views regarding an appropriate discount for lack of liquidity. Precise measurement of the impact of block size, asset size, tradin ...