Another Nail in the Coffin of Benchmark Analysis

BVResearch Pro
Mercer Capital's Value Matters
May 12, 2008

Summary

Dr. David Tabak of NERA Economic Consulting recently published a paper entitled A CAPMBased Approach to Calculating Illiquidity Discounts . As suggested by the title, this paper presents a quantitative approach to determining marketability discounts appli ...
Another Nail in the Coffin of Benchmark Analysis
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