Valuation: what are the valuation practices of investment funds? by Thomas Hachette, published in Option Finance No. 1532 – Monday 4 November 2019
When it comes to valuation, what are investors’ practices? This question seems crucial but has received little attention to date, even as numerous experts and academics engage in heated debate over issues such as the risk-free rate, terminal value, multiples, etc. A recent survey provides some insights.
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