Owen has discussed with two advisors the possibility of selling his half of the firm. Since KF
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Question:
Owen has discussed with two advisors the possibility of selling his half of the firm. Since KF is not publicly traded, the market value of the company's stock must be estimated. The consultants believe that KF is worth between $35 and $40 per share, figures that appear reasonable to Owen.
Is the estimate of $35 to $40 for Owen's shares a fair evaluation?
Please explain why
Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt
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