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Basic Question 0 of 11
Which value definition is likely to result in several different valuation outcomes?
B. Investment value.
C. Intrinsic value.
A. Market value.
B. Investment value.
C. Intrinsic value.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
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.