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QUESTION 18 Comps are used in free cash flow valuation O True O False QUESTION 19 Which one of the following is used to describe

QUESTION 18 "Comps" are used in free cash flow valuation O True O False QUESTION 19 Which one of the following is used to describe non-investment grade bonds? O convertible bonds O high yield bonds O callable bonds O subordinated bonds QUESTION 20 The risk-adjusted required retum on a stock is best estimated using The price/earnings ratio The CAPM beta Relative valuation (comps) The dividend discount model

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