tag:blogger.com,1999:blog-8152901575140311047.post3263490505280219766..comments2024-03-28T08:49:51.975-04:00Comments on Musings on Markets: Asset selection & Valuation in Illiquid MarketsAswath Damodaranhttp://www.blogger.com/profile/12021594649672906878noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8152901575140311047.post-79155786614611637182011-05-13T13:44:09.519-04:002011-05-13T13:44:09.519-04:00Just saw a good paper on estimating the effect of ...Just saw a good paper on estimating the effect of liquidity on yeilds in Indian Bond market. It suffers from shallowness od Indian bond market still has some insights like credit having a far greater influence (10 to 50 times) on yields rather than liquidity.Pranav Pratap Singhhttps://www.blogger.com/profile/01893712441478627342noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-10219507447411181122011-04-20T14:20:02.631-04:002011-04-20T14:20:02.631-04:00Thanks for all your posts, always insightful and w...Thanks for all your posts, always insightful and worth a read.<br /><br />I've read your posts on valuing private companies and applying an illiquidity discount to the value, and I had a question regarding the illiquidity discount in the context of a change-of-control transaction with a private company. Would it be appropriate to apply such a discount on the value of the private company if you are acquiring control? This discount would be offset by the premium to be paid to acquire control, but nevertheless, should the discount be applied?CWPhttps://www.blogger.com/profile/02968282019401597340noreply@blogger.com