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Subject 6. Terminal value PDF Download
Terminal value = forecast value at beginning of normal growth phase.

Estimation methods:

  • Apply multiple (P/E).
  • Use Gordon growth model.

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ashish100 Still too damn long
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

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