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Question 2 (25 points) Which of the following would you do if you were valuing the entire business? Discount cash flows before debt payments at

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Question 2 (25 points) Which of the following would you do if you were valuing the entire business? Discount cash flows before debt payments at the cost of equity Discount cash flows after debt payments at the cost of equity Discount cash flows before debt payments at the cost of capital Discount cash flows after debt payments at the cost of capital Question 3 (25 points)

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