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Basic Question 1 of 6
A DLOM may not be appropriate if the private company:
B. has no prospect for a liquidity event.
C. has not paid dividends and will not do so in the near future.
A. is pursuing a strategic sale.
B. has no prospect for a liquidity event.
C. has not paid dividends and will not do so in the near future.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe relationships among spot rates, forward rates, yield to maturity, expected and realized returns on bonds, and the shape of the yield curve;
describe how zero-coupon rates (spot rates) may be obtained from the par curve by bootstrapping;
CFA® 2025 Level II Curriculum, Volume 4, Module 25.