问题
单项选择题
An analyst doesresearch about closely-held companies. With respect to valuation of closely-held companies, the most appropriate base for estimating a discount for lack of liquidity is the:（）
A. market price of a similar but actively publicly traded company.
B. Estimate of the value of equitywith all control rights.
C. mean value of the company's transaction prices recently.
答案
参考答案：A
解析：
私人持股公司是非上市公司，对其估值应考虑到因流动性缺失而引发的价值下调，其基准可以选择类似的但积极公开交易的公司股票的市场价格，并考虑其缺少流动性而适当向下调整。