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1. Assume that Tottenham Hotspur continue in their current stadium following their current player strategy. Perform a discounted cash flow [DEF] analysis using the cash

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1. Assume that Tottenham Hotspur continue in their current stadium following their current player strategy. Perform a discounted cash flow [DEF] analysis using the cash flow projections ghren in the case. For all CAPM calculations, use the risk-free rate given in Exhibit 1 and assume a market risk premium of 595. Also assume that Tottenham's debt has zero beta. At its current stock price of 13.30, is Tottenham 'fairltlr valued

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