Regarding the valuation of privatized businesses in less developed countries, ____ can normally be estimated with a high degree of accuracy.

Question

Quizplus · Accepted Answer

The valuation of privatized businesses in less developed countries is subject to a high degree of uncertainty due to various factors such as political instability, lack of regulatory frameworks, and economic volatility. Thus, it is difficult to estimate future cash flows, future exchange rate movements, or the proper discount rate with a high degree of accuracy. As a result, none of the given options can be estimated with certainty.

Regarding the Valuation of Privatized Businesses in Less Developed Countries