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39, Describe the impact on a Discounted Cash Flow valuation of changing from a 5.0% market risk premium to an 8.0% market risk premium. 40.

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39, Describe the impact on a Discounted Cash Flow valuation of changing from a 5.0% market risk premium to an 8.0% market risk premium. 40. All else being equal, which company would be expected to trade at a higher multiple-a heavily leveraged company or one with moderate-to-low leverage? Explain why

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