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When finding the present value of a business, you usually include a horizon value. Which of the following is true when determining the horizon value?
When finding the present value of a business, you usually include a horizon value. Which of the following is true when determining the horizon value? Multiple Choice The cash flows will increase in the future at a constant rate. The cash flows used to determine the horizon value will diminish on an annual basis. The growth rate of the future cash flows will exceed the company's WACC. All future cash flows will be constant. The company will be sold at the horizon for the estimated horizon value
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