Documents Discounted Cash Flow Valuation. Challenges Defining and forecasting CF’s Estimating appropriate....

Slide 1 Discounted Cash Flow Valuation Slide 2 Challenges  Defining and forecasting CF’s  Estimating appropriate discount rate Slide 3 Basic DCF model  An asset’s…

Documents Chapter 3 Free Cash Flow Valuation

Chapter 3 Free Cash Flow Valuation Intro to Free Cash Flows If applied to dividends, the DCF model is the dividend discount model (DDM) from Chapter 2. Chapter 3 extends…

Documents The Decline in DB Retirement Plans and Asset Flows

The Decline in DB Retirement Plans and Asset Flows by James Poterba--MIT and NBER Steven Venti--Dartmouth and NBER David A. Wise--Harvard and NBER Demographic trends &…

Documents Ch03_Free Cash Flow Valuation

Chapter 3 Free Cash Flow Valuation Intro to Free Cash Flows If applied to dividends, the DCF model is the dividend discount model (DDM) from Chapter 2. Chapter 3 extends…