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I came across these three questions that I think were not sufficiently discussed in class. Could someone expound on them please? What are the pros

I came across these three questions that I think were not sufficiently discussed in class. Could someone expound on them please?
What are the pros and cons of DCF valuation?
When is DCF valuation ideal for use?
There are two approaches to DCF valuation. The first approach is to value the equity in the firm. The second approach is to value the entire firm. What is the distinction? Why does it matter?

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