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Distinguish between the following discounted cash flow valuation models (i) (ii) (iii) (iv) a) Adjusted present value approach Dividend valuation model Frce cash flow to
Distinguish between the following discounted cash flow valuation models (i) (ii) (iii) (iv) a) Adjusted present value approach Dividend valuation model Frce cash flow to equity Free cash flow to the firm (3 marks) (3 marks) (3 marks) (3 marks) b) List and diseus the four charncteristics of a good valuation exercise. (13 marks) (TOTAL: 25 marks)
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