Summary
The concept of investment marketability relates to the liquidi-ty of an asset, property, or business interestùthat is, how quickly and certainly it can be converted into cash at the ownerÆs discretion. Investors value liquidity. That is, rational invest ...
Update on the Willamettte Management Associates Pre-IPO Discount for Lack of Marketability Study for the Period 1998 Through 2002
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