Which of these statements regarding the valuation of a limited partnership interest holding undeveloped real estate is CORRECT? Only a discount for a minority interest is permitted. Only a discount for the lack of marketability is permitted. Discounts for lack of marketability and a minority interest are permitted.
Which of these statements regarding the valuation of a limited partnership interest holding undeveloped real estate is CORRECT? Only a discount for a minority interest is permitted. Only a discount for the lack of marketability is permitted. Discounts for lack of marketability and a minority interest are permitted.
Chapter15: Partnership Accounting
Section: Chapter Questions
Problem 7MC: Which one of the following would not be considered in the development of a partnership agreement? A....
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Which of these statements regarding the valuation of a limited
- Only a discount for a minority interest is permitted.
- Only a discount for the lack of marketability is permitted.
- Discounts for lack of marketability and a minority interest are permitted.
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