Which of the following statements is false when discussing valuation methodology?

A.Because the terminal value is a long-term projection, it has minimal impact on the final valuation of the firm.

B.The cost of equity requires data on betas, market equity risk premiums and the risk free rate of return.

C.Unlevered free cash flows are annual cash flows freely available to all providers of capital in the business, after accounting for all necessary reinvestments.

D.Terminal values can be determined using DCF or Exit Multiples