Webinar Details

Review of Option-based Models for Discount for Lack of Marketability

Wednesday, August 10, 2016

1:30 p.m. Mountain time (MT)

Program Description

This webinar will review the option-based models for calculating a discount for lack of marketability (DLOM): Longstaff, Finnerty, Ghaidarov, Chaffe, and LEAPS. It will discuss the differences among the models and their assumptions and their applications for DLOM. It will calculate DLOM for restricted stock transactions, and compare the calculated DLOMs with the DLOMs observed for the restricted stocks.

Learning Objectives

After completing this webinar, attendees will be able to:

Explain the concept of using an option-based model to calculate DLOM
List the various option-based models to calculate DLOMs
Analyze the differences among the option-based DLOM models
Calculate DLOMs using the various option-models
Indicate which models are more appropriate for different situations

Who Should Attend

Valuation professionals, CPAs, CFOs

Presenter(s)

Daniel McConaughy, PhD, ASA

Vincent Covrig, PhD, CFA

CPE Credit

Program Level: Basic	Prerequisites: Previous training or experience with the fundamentals of the subject matter.	Advanced Preparation: Basic to intermediate valuation experience
Delivery Method: Group Internet-Based	CPE Credits: One (1) Hour	Fields of Study: Finance

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