Session 14: Equity Analysis and Valuation
Reading 60: Equity Valuation: Concepts and Basic Tools
LOS b: Describe major categories of equity valuation models.
An equity valuation model that values a firm based on the market value of its outstanding debt and equity securities, relative to a firm fundamental, is a(n):
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B) |
market multiple model. | |
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C) |
enterprise value model. | |
An enterprise value model relates a firm’s enterprise value (the market value of its outstanding equity and debt securities minus its cash and marketable securities holdings) to its EBITDA, operating earnings, or revenue. | 
发表于 2011-3-30 11:48
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