article thumbnail

The 2023 AICPA Business Valuation Conference and One Thought on Valuation Adjustments

Chris Mercer

The expected terminal value for the illiquid investment based on the financial control value of $18.0 The present value based on these assumptions is $11.65 The expected terminal value based on a $12.0 million value with non-normalized earnings is $19.3 million is about $29.0 million.