Question: When valuing interests in an entity, the price will reflect whether or not the purchaser will have control of the entity after the purchase. This

When valuing interests in an entity, the price will reflect whether or not the purchaser will have control of the entity after the purchase. This is referred to as the "control premium," or the additional value in the price that reflects the ability to control the affairs of the enterprise. The mirror to the control premium is the minority discount, which reduces the value of shares where the purchase is buying a minority interest and thus will not have control of the enterprise after the purchase. (i) whether you favor a heightened or lowered fiduciary duty from the majority shareholder to the minority, and (ii) the effect your standard would have on the sale of interests.After your initial post respond to at least two of your classmates noting where you may agree or disagree with their rationale, and why.

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