Question
Is value of equity the sum of discounted future cash flows to equity? And when computing the ROE and ROC should I use market value
Is value of equity the sum of discounted future cash flows to equity?
And when computing the ROE and ROC should I use market value of the equity or book value of equity?
Can someone give me answers in a bit details?
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Financial Accounting The Basics
Authors: Ilias Basioudis
1st Edition
1138605514, 9781138605510
