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Stock Valuation Models (Part3 – Discounted Cash Flow Model)

Posted by Jay Chia  Published in Fundamental Analysis

In my previous posts, we have understood how important it is to understand the basic value of a firm (NAV), how a firm’s future earnings and individual’s expected return can impact on our investment decision. But another factor that was not discussed was the time factor. In the previous post, our assumption is that income [...]

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