Question
In a discounted cash flow analysis, there are two distinct time periods. First there is the projection period and then there is the Terminal Value.
In a discounted cash flow analysis, there are two distinct time periods. First there is the projection period and then there is the Terminal Value. Define Terminal Value and distinguish between using Gordon Growth method and the Exit Multiples method.
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
