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Marine Tech is a young firm with a niche market in heavy equipment, specifically for the marine industry.Its owners are considering an IPO and have

Marine Tech is a young firm with a niche market in heavy equipment, specifically for the marine industry.Its owners are considering an IPO and have come to you for advice.Their projections show initial years of negative FCF, after which the numbers improve considerably.What are the methods you will use to value their firm and why?How would you advise them to price their IPO and why?

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