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The Discounted Cash Flow Dilemma: A Tool for Theorists or Practitioners?

  • Thread starter Thread starter Sandeep Srinivas, CFA
  • Start date Start date
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Sandeep Srinivas, CFA

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Discounted cash flow valuation offers a tempting sense of numerical clarity, but 80% of that “value” can rest on uncertain terminal assumptions. Fragile, indeed.

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