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Two unlisted companies TTT and YYY are being valued.

Two unlisted companies TTT and YYY are being valued. The companies have similar capital structures and risk profiles and operate in the same industry sector It is easier to value TTT than to value YYY because there have recently been several well-publicised private sales of TTT shares.

Relevant company data:

What is the best estimate of YYY's share price?

A.

$0.60

B.

$1.20

C.

$0.68

D.

$0.94

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