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Question 7 Which of the following statements is NOT CORRECT? The corporate valuation model can be used to find the value of a division. The

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Question 7 Which of the following statements is NOT CORRECT? The corporate valuation model can be used to find the value of a division. The corporate valuation model can only be used for companies that pay dividends. An important step in applying the corporate valuation model is forecasting the firm's pro forma financial statements. Free cash flows are assumed to grow at a constant rate beyond a specified date in order to find the horizon, or continuing, value

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