<p>Valuation<br/><br/>A DCF valuation is in principle very simple - value is the PV of all future cash flows. <br/>But it is impossible to make detailed explicit forecasts in the long term and therefore some form of simplifying assumptions are required ... <br/>…. usually this takes the form of an assumed terminal value <br/>This seminar looks at the alternative methods of dealing with terminal values, how to ensure they are realistic and common mistakes which are made<br/></p><p> <br/></p>

[此贴子已经被作者于2007-11-7 18:23:02编辑过]