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Basic Question 0 of 2
For many very small private companies with limited asset bases, the most commonly used multiples are:
B. EBITDA multiples.
C. Net income based multiples.
A. P/E multiples.
B. EBITDA multiples.
C. Net income based multiples.
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe the asset-based approach to private company valuation;
CFA® 2026 Level II Curriculum, Volume 4, Module 25.