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Valuing mining firms using the ROV model is better than valuing these firms using the DCF or NPV models because: a. The DCF model understates
Valuing mining firms using the ROV model is better than valuing these firms using the DCF or NPV models because: a. The DCF model understates the calculated value b. The ROV captures the value of operating flexibility unlike the DCF model C. The ROV deals better with uncertainty than the DCF model d. All the above e, none of the above
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