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Basic Question 0 of 6

When determining the definition of value, the most important two factors are:

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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Craig Baugh

Craig Baugh

Learning Outcome Statements

describe risk measures used by banks, asset managers, pension funds, and insurers;

CFA® 2025 Level II Curriculum, Volume 5, Module 41.