Chapter 4 The Value of Common Stocks
According to the 2009 Valuation Handbook (p. 476) marketability declines as a function of stock characteristic from (1) registered stock in an exchange-listed, publicly traded firm with no limits on transfers, (2) registered stock in an exchange-listed, publicly traded firm subject to restrictions (example, Reg. 144 stock), (3) unregistered ... ................
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