13. Citigroup Smith Barney (dollar). Citigroup regularly performs a U.S. dollar-based discounted cash flow (DCF) valuation of
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13. Citigroup Smith Barney (dollar). Citigroup regularly performs a U.S. dollar-based discounted cash flow (DCF) valuation of Petrobrs in its coverage. That DCF analysis requires the use of a discount rate which they base on the company's weighted average cost of capital. Evaluate the methodology and assumptions of the 2003 Actual (2003A) and 2004 Estimates (2004E) of Petrobrs's WACC.
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Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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