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did not necessarily mean that marketability discounts were generally lower; riskier companies generally could not complete an IPO in 2001. ie From Brian V- Pearson, 'The zoo! Marketability Discount Study," CPA Expert, Spring 2002; Pearson, t2000 Marketability Discounts as Reflected in Initial Public Of Busines
tions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Res
did not necessarily mean that marketability discounts were generally lower; riskier companies generally could not complete an IPO in 2001. ie From Brian V- Pearson, 'The zoo! Marketability Discount Study," CPA Expert, Spring 2002; Pearson, t2000 Marketability Discounts as Reflected in Initial Public Of Busines
tions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Res
did not necessarily mean that marketability discounts were generally lower; riskier companies generally could not complete an IPO in 2001. ie From Brian V- Pearson, 'The zoo! Marketability Discount Study," CPA Expert, Spring 2002; Pearson, t2000 Marketability Discounts as Reflected in Initial Public Of Busines
tions from 1991 through 1995. The overall average discount for the study was 20.0%. 25 From FMV Restricted Stock Study. 26 From Michael Henze] and Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Res
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