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In the FCFE valuation, using the WACC to discount cash flows tends to q , enterprise value. overestimate underestimate correctly estimate
In the FCFE valuation, using the WACC to discount cash flows tends to enterprise value.
overestimate
underestimate
correctly estimate
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
16th Edition
013749601X, 978-0137496013
