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| DLOM Using Path Dependent Options Corrected for Imputed Value Bias(160921D_N) |
Course CPE: 2 hours
Field(s) of Study: Finance–1 hr; Management Services–1 hr
Program Level: Advanced
Prerequisites: Good knowledge of topic and experience in the field. Advanced level programs are often appropriate for seasoned professionals within organizations; however, they may also be beneficial for other professionals with specialized knowledge in a subject area.
Advanced Preparation: Good knowledge of subject matter and experience in the field.
Delivery Method: Self-Study |
Item
Number: 16PBVWDC0921D
Shipping Weight: 0lbs. 0oz. |
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$147.00 |
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Recording Date: September 21, 2016
Presenter: Dr. Ashok Abbott, PhD
Program Description:
Longstaff and Finnerty Models have been used to model the discount for lack of marketability/liquidity, and have been the subject of substantial controversy. A considerable part of this confusion arises from a failure to distinguish between the premium for liquidity and the discount for lack of liquidity.
This webinar makes the distinction clear and explains how removing the imputed value bias can lead to results that are clean and defensible.
Learning Objectives
After completing this webinar, attendees will be able to:
- Differentiate between the premium for liquidity and the discount for lack of liquidity
- Identify appropriate models to use under different conditions of information asymmetry
- Determine defensible discounts for lack of marketability/liquidity
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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