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CFA Level II Vignettes Equity Analysis Private Companies MCQs Test 1
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CFA Level II Vignettes Equity Analysis Private Companies MCQs Test 1

Practice CFA 2026 Level II Vignettes Equity Analysis MCQs from Private Companies. Get instant results with Explanation.
Practice Quiz 1 for "Private Companies" (Equity Analysis). Total 30 MCQs available, split into 3 quizzes. Start with the fundamentals and build a strong base. Mastering these concepts is essential for securing a high percentile in CFA.
General10 MCQs
1. Vignette 1: Private Companies - Case Study: An analyst is valuing a private manufacturing company. What valuation approaches are available?
2. What is earnings normalization in the context of private company valuation?
3. What is the market approach for private companies?
4. What are the variations of the asset‑based approach for private companies?
5. How does an analyst choose among valuation approaches for a private company?
General10 MCQs
6. Vignette 2: Private Companies - Case Study: An analyst applies a discount for lack of marketability to a private company. What is DLOM and how is it estimated?
7. What is DLOC and when is it applied?
8. What is a control premium and when is it used?
9. How are DLOC and DLOM combined to arrive at a total discount for a private minority interest?
10. How are discounts applied depending on the ownership interest?

📋 CFA - Test Online Practice Quizzes

CFA

Conducting Body: CFA Institute
Frequency: 4 times a year (February, May, August, November) | Time: 70 Minutes
Negative Marking: No

⚡ Test Pattern (Total: 90 MCQs):

Subject breakdown not available.

Merit Formula: -