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Estimate Time Warner's share price using the DCF approach by completing the yellow cells on the DCF worksheet. Taking into account the political risk of

Estimate Time Warner's share price using the DCF approach by completing the yellow cells on the DCF worksheet. Taking into account the political risk of the Trump administration and the overall slowdown in the US entertainment industry, the FCF growth in the next five years is assumed to be 7% (pessimistic) or 8% (opportunistic)

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