Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Transcribed Image Text:In estimating valuation of very early-stage companies,
Four experts recommended four different discount rates.
Who reflects the most common practices in choosing discount
rates?
Target Return Rate
Liquidity Discount Rate
Andy
High
Low
Annie
High
High
Alex
Low
High
Anna
Low
Low
O Andy
O Annie
Alex
Anna
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