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Which of the following steps is not a step of using DCF Model? Forecast and discount FCFF for the horizon period. Sum the present values

Which of the following steps is not a step of using DCF Model?
Forecast and discount FCFF for the horizon period.
Sum the present values of the horizon and terminal periods to yield firm value.
Sum the present values of the horizon and terminal periods to yield equity value.
Divide firm equity value by the n ar of shares outstanding to yield stock value per share.
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