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1. Explain the discount for lack of control (DLOC) and when it is used in the valuation process 2. Explain the discount for lack of
1. Explain the discount for lack of control (DLOC) and when it is used in the valuation process
2. Explain the discount for lack of marketability (DLOM) and when it is used in the valuation process.
3. Explain the discount rate that is used in the discounted cash flow (DCF) valuation method. Include the following detail in your response:
A. Describe how the discount rate is derived in this DCF method.
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