• QuickPress - Valuation/Appraisal

    Country-specific Cost of Capital is ‘By Far’ Damodaran’s Most Popular Download —BVWire News

    Particularly When Valuing Companies with Substantial Foreign Operations, Business Valuation Analysts Know That Country-Specific Input Is Critical  David Foster at BVWire News reports that in additional to his general data update for 2013, Prof. Aswath Damodaran (NYU Stern School of Business) provides a list of country default spreads and risk premiums.  Here’s the professor’s assessment:

  • QuickPress - Valuation/Appraisal

    Opinion: Where Revenue Ruling 59-60 Got it Wrong —BVWire News

    A Valuation Principal Takes Issue With Revenue Ruling 59-60:  “Does Analysis of Macroeconomic Conditions Add Credibility to My Opinion of  Privately Owned Company Value In My Region?” Rick Warner, ASA, AVA, Principal, Great Lakes Valuations writes that “Most of us as appraisers are familiar with Revenue Ruling 59-60 and its prescription for factors to be considered as part of the valuation of the stock of closely held companies  . . .   And while I agree with most of what 59-60 has to say, I do have a bone to pick . . .  with at least one of the…