Quantifying Marketability Discounts

The text provides a model that the appraiser can use to actually quantify the marketability discount. Prior to the development of this model, the marketability discount had been based upon 20 to 30 year-old studies and was virtually unexplainable to a judge. The Quantitative Marketability Discount Model allows the appraiser to not only quantify the discount but to explain it as well. This reference provides valuable background information on the restricted stock studies, the pre-IPO studies, and relevant court cases that so many appraisers have relied upon for so long to determine a marketability discount.