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Question 6 ( 1 point ) The mid - year convention used to account for the fact that annual FCF is usually received throughout the

Question 6(1 point)
The mid-year convention used to account for the fact that annual FCF is usually
received throughout the year rather than at year-end results in:
Higher implied share price, everything else constant.
Same implied share price as with the year-end convention.
Lower implied share price, everything else constant.
Erroneous estimation of the implied share price.
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