1. When evaluating a private equity investment, the Discount for Lack of Marketability refers to:
Cost of the Control Premium
Replacement Cost
Ablity or Right to Sell the Assets
Cost of Finding a Buyer for the Assets or the Bid-Ask Spread
2. When evaluating a private equity investment, the Discount for Lack of Liquidity refers to:
Cost of the Control Premium
Replacement Cost
Ability or Right to Sell the Assets
Cost of Finding a Buyer for the Assets or the Bid-Ask Spread