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Which of the Following Is/are Needed When the Discounted Cash

Question 3

Multiple Choice

Which of the following is/are needed when the discounted cash flow approach is used to value equity securities?


A) Estimate the expected future cash flows associated with the security.
B) Determine the appropriate discount rate based on an estimate of the risk associated with the security.
C) Estimate the size and timing of the expected cash flows associated with the security.
D) All of these.

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