Question

Which of the following are common pitfalls or mistakes in estimating continuing value?

I. Naive base-year extrapolation.

II. Naive overconservatism.

III. Purposeful overconservatism.

IV. Liquidation value overconservatism.

a) I and II only.

b) I, II, and III only.

c) II, III, and IV only.

d) III and IV only.

Answer

This answer is hidden. It contains 14 characters.