Explain why terminal values in accounting-based valuation are significantly less than those for DCF valuation. AppenidxLO1

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Explain why terminal values in accounting-based valuation are significantly less than those for DCF valuation.

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Business Analysis And Valuation Using Financial Statements Text And Cases

ISBN: 9780324015652

2nd Edition

Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby

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