| method | free cash flow | excess earnings | capitalized cash flow |
| stage | single or plural (e.g., two) | single | |
| constant growth assumption? | Yes | ||
| intangile assets to value? | Yes |
Monday, May 17, 2010
income approach valuation: Capitalized cash flow method, Free cash flow method, and Excess earnigs method
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C,
CFA Level 2 (June 2010)
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