Topic 1: Discuss the strengths and weaknesses of each valuation technique (dividend, cash-flow, and earnings-based) regarding their ability to estimate the value of a firm.

Topic 2: Discuss the three types of valuation techniques: dividend valuation, cash-flow-based valuation, and earnings-based valuation. When is it more appropriate to use dividend valuation? Cash-flow-based valuation? Earnings-based valuation?