DCF (Stub Periods and Mid-Year Convention)
Could someone explain how the terminal value would change if you use the mid-year convention or the stub period. Confused on what to discount and how the Multiples Method and the Gordon Growth Model differ
Could someone explain how the terminal value would change if you use the mid-year convention or the stub period. Confused on what to discount and how the Multiples Method and the Gordon Growth Model differ
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