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Keywords: marketability
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Journal Articles
Journal of Forensic Accounting Research (2023) 8 (1): 357–386.
Published: 01 December 2023
...Ashok Bhardwaj Abbott ABSTRACT Market declines of 2008–2009 and 2022–2023 brought renewed attention to the issue of illiquidity and the attendant costs faced by the stockholders. Margrabe exchange option-based models have been employed widely for estimating the cost of illiquidity (price risk...
