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Analysts normally must calculate a terminal value of a firm when preparing a discounted cash flow valuation. There are three ways to prepare this estimate,
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Answer The difference between the discount rate and the terminal growth rate is used to compute terminal value which is derived by dividing the most r...Get Instant Access to Expert-Tailored Solutions
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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