The valuer decided to value the company using the comparable guideline company method. Based on the research, the EBITDA multiple is in the range of 8.3 to 12.0 times. What level of value does this likely to represent? Pick the best ANSWER.

Select one:

a. Marketable minority value.

b. Marketable control value.

c. Non-marketable control value.

d. Non-marketable minority value.