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* 1. Assume that you are valuing an equity interest and determine that both a discount for lack of marketability and a discount for a minority interest are required. In your standard practice, would you (choose one):

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* 2. Assume that only a discount for lack of marketability (DLOM) is required in this particular valuation of an equity interest. In determining the DLOM, do you routinely consider the ten Mandelbaum factors?

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* 3. If you answered “yes” to Question 2, which of the ten Mandelbaum factors do you employ most frequently? (Check all that apply; leave any or all unchecked if you do not normally consider them.)

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* 4. In your standard valuation practice, which of the following of the more common methodologies do you most likely use to quantify the DLOM? (Check all that apply.)

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* 5. If you checked one or more answers to Question 4, please describe the facts and circumstances that might lead you to choose one methodology over another

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