Hi Owl.
Characteristic impedance, which is what you're looking for, is different than simply measuring impedance which, more correctly, is resistance. A lot of folks use the term impedance and resistance interchangeably and as a result the terms are somewhat misunderstood.
A DMM will not give you characteristic impedance. A good piece of equipment capable of an impedance measurement starts at somewhere around $5000.00!
Probably best in your case is to install the cable and use your ears. Doubtful though that the cable is 110 Ohm AES/EBU Standard. Still, you may like what you hear. You've got nothing to loose so...Give it shot!
Regards,
Robert