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Banks and other financial institutions have many unique features in their financial statements. When we project the financial statements of a bank in the next

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Banks and other financial institutions have many unique features in their financial statements. When we project the financial statements of a bank in the next few years, do we usually start with sales forecast? When we conduct a valuation of a bank, do we usually estimate its entire firm value? No: Yes Yes; Yes No: No Yes; No

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