Financing & Valuation Valuing Businesses
•Financing & Valuation •Topics Covered •After Tax WACC •Valuing Businesses •Using WACC in Practice •Adjusted Present Value •Your Questions Answered •Consistency •Consider a simple perpetuity: • •Many combinations of C and r* will give V. •Also note that • •The moral is simple: The discount rate r* has to be defined consistently with C to […]