NACVA Certified Valuation Analysts CVA Exam Practice Test

''A takeover model became a significant explanatory variable for firms that had no cottail. A voting power model was a significant explanatory variable for firms that had cottail provision.'' This is the conclusion of:

As with any secondary sources, errors and inconsistencies occur, so the original source documents are the only guarantees of absolute accuracy as a source of merger and acquisition dat a. Which one of the following is NOT out of those original source documents?

Options can be very complicated. For example, some options have strike pries that vary over time or under different market conditions. Other options have lives that vary depending on stock prices and market conditions. There are even _________________, which are options on option, and ______________, which set price boundaries.

''Tag along rights'' are Buy-Sell agreements which:

____________________ are defined as the sum of the market value of total liabilities divide by the aggregate liquidation value of the preferred stock.

The use of asset-based approach should not be confused with the selection of the appropriate premise of value for the subject business valuation. Some analysts mistakenly confuse the use of asset-based approach with a liquidation premise of value (or with a liquidation valuation). Rather, the asset-based approach can be used with all premises of value including:

1- _____________

1+ premium

This is a formula for: