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1. Discuss the steps to Business Valuation using the Income Approach and the Discounted Cash Flow (DCF) model. Give an example. 2. A company owns

1. Discuss the steps to Business Valuation using the Income Approach and the Discounted Cash Flow (DCF) model. Give an example.

2. A company owns a portfolio that is 15 percent invested in Stock X,40 percent in Stock Y, and 45 percent on Stock Z. The returns on these three stocks are 10 percent, 13 percent and 15 percent respectively. What is the expected return on the portfolio?

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