Business valuation - Please Help
I am currently doing work experience for an investment bank and will be given a task to value a business using either Discounted Cash flow (DCF models) or transaction comps.
I understand the basic principles of working out cash flow and then applying the interest rate to get discounted years but I don't fully understand it to the full extent and am still unaware how to calculate terminal value.
Any help/ links to guides will be greatly appreciated.
Thanks in advance
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