Discuss how understanding a company's business (the first step in equity valuation) might be useful in performing a sensitivity analysis related to a valuation of the company. In a research note on the ordinary shares of the Milan Fashion Group (MFG) dated early July 2007 when a recent price was

7.73

and projected annual dividends were

0.05

, an

Discuss how understanding a company's business (the first step in equity valuation) might be useful in performing a sensitivity analysis related to a valuation of the company. In a research note on the ordinary shares of the Milan Fashion Group (MFG) dated early July 2007 when a recent price was 7.73 and projected annual dividends were 0.05, an Discuss how understanding a company's business (the first step in equity valuation) might be useful in performing a sensitivity analysis related to a valuation of the company. In a research note on the ordinary shares of the Milan Fashion Group (MFG) dated early July 2007 when a recent price was 7.73 and projected annual dividends were 0.05, an