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In each of the four cases (type of firms) explain why the use of discounted cash flow approach might be difficult. 1. cyclical firm during
In each of the four cases (type of firms) explain why the use of discounted cash flow approach might be difficult.
1. cyclical firm during recession 2. A private firm that the owner is planning to sale 3. kenfront Ltd., which owns a lot of land that is valuable but not currently being utilized.
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