Which Three of the Following Are Reasons for the Valuation

question 44

Multiple Choice

Which three of the following are reasons for the valuation of unquoted shares being different from the valuation of quoted shares?

• A) The shares may be subject to more risk.
• B) The shares always have 'golden handcuffs' and 'earn- out clauses'.
• C) There may be a lower quality and quantity of information.
• D) The shares are less liquid.