C14.2. Avaluation thatsimply capitalizes a forecast of operating income forthenextyear implicitly assumes that residual operating income willcontinue

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C14.2. Avaluation thatsimply capitalizes a forecast of operating income forthenextyear implicitly assumes that residual operating income willcontinue as a perpetuity. Is this correct?

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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