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Application of discounted cash flow techniques

By: Contributor(s): Language: English Series: Estates Gazette ; (9422) 4 June 1994, 112-113(2)Publication details: 1994Subject(s): Summary: Compares a growth-explicit approach to valuation, the DCF method, with traditional, growth-implicit techniques, arguing that the former is more sensitive and subject to smaller margins of error.

Compares a growth-explicit approach to valuation, the DCF method, with traditional, growth-implicit techniques, arguing that the former is more sensitive and subject to smaller margins of error.