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Foundations
What a DCF is, why it exists, and the single idea every valuation rests on.
Lessons in this module
Module checkpoint
3 questions · score 70% or higher to pass.
1.What does a DCF fundamentally estimate?
2.A cash flow stream grows at a constant rate forever. Which formula values it?
3.When are comps (relative valuation) more naturally useful than a DCF?