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Basic Question 1 of 5
When determining the definition of value, the most important two factors are:
II. The nature of operation.
III. The status of the company.
IV. The buyer/seller's requirements and expectations.
I. The use of valuation.
II. The nature of operation.
III. The status of the company.
IV. The buyer/seller's requirements and expectations.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
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Learning Outcome Statements
describe uses of private business valuation and explain applications of greatest concern to financial analysts;
CFA® 2025 Level II Curriculum, Volume 4, Module 25.