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Why is it that WACC cannot be used as a discount for calculating the value of a merger and acquisition for the first few years
Why is it that WACC cannot be used as a discount for calculating the value of a merger and acquisition for the first few years of the analysis?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
