Editorial Type:
Article Category: Research Article
| Online Publication Date: 01 Jan 2008
Assessing and Monitoring Bajaj: Debunking the Reliability of Marketability Discount Studies and the 7.23% Solution
Assessing and Monitoring Bajaj: Debunking the Reliability of Marketability Discount Studies and the 7.23% Solution
ASA, CFA and
Page Range: 3 – 17
Data and methodology used to estimate marketability discounts continue to be the subject of much debate. This paper focuses on methodologies and related studies referenced in the McCord opinion. The intent is to increase the understanding of the specifics of different uses, and misuses, of empirical data in the context of quantifying marketability discounts.Abstract
Copyright: © 2008 American Society of Appraisers
Contributor Notes
Mark Mitchell, ASA, CFA, is Director of Valuation Services at Clothier & Head, PS, in Seattle, Washington.
Mary Norwalk is a Financial Analyst at Clothier & Head, PS.