Question: I need the answer as soon as possible ABC Ltd. acquired 5% equity shares of XYZ Ltd. for 10 crore in the year 20X1-20X2. The

I need the answer as soon as possible

ABC Ltd. acquired 5% equity shares of XYZ Ltd. for 10 crore in the year 20X1-20X2. The company is in process of preparing the financial statements for the year 20X2-20x3 and is assessing the fair value at subsequent measurement of the investment made in XYZ Ltd. Based on the observable input, the ABC Ltd. identified a similar nature of transaction in which PQR Ltd. acquired 20% equity shares in XYZ Ltd. for 60 crore. The price of such transaction was determined on the basis of Comparable Companies Method (CCM)- Enterprise Value (EV) / EBITDA which was 8. For the current year, the EBITDA of XYZ Ltd. is * 40 crore. At the time of acquisition, the valuation was determined after considering 5% of liquidity discount and 5% of non-controlling stake discount. What will be the fair value of ABC Ltd.'s investment in XYZ Ltd. as on the balance sheet date

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