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What might be a possible relationship between the macroeconomic factors, the industrys lifecycle and the valuation model (such as the DDM, DCF, or P/E)? Is

What might be a possible relationship between the macroeconomic factors, the industrys lifecycle and the valuation model (such as the DDM, DCF, or P/E)? Is the choice of the valuation model affected at all by macroeconomic factors and characteristics of the industry? How?

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