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(a) Discuss the relative advantages and disadvantages of two valuation methods: discounted cash flow models and multiples. (b) Discuss the issues that analysts consider while
(a) Discuss the relative advantages and disadvantages of two valuation methods: discounted cash flow models and multiples.
(b) Discuss the issues that analysts consider while selecting a valuation model. Provide examples to support your discussion.
(c) Based on the Fama-French three-factor model, the following parameters have been estimated for common stock. Please infer the style characteristics of this common stock.
Market beta 1.23
Size beta -0.25
Value beta 0.46
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