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Depends on which questions you get wrong, but can be as few as 1 (have interviewed people who couldn't provide the 3 main valuation methodologies, for example, or more realistically, if they can't explain why M&A comps generally lead to a higher val than public comps).
why would M&A comps be higher? because you’re relying on concrete numbers (precedent trans) with no assumptions added in?
control premiums, b
got it, I was going to bring that up. so because most acquisitions are done at a premium, using them as comparable can inflate your targets valuation price?
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