Why use unlevered CF in a DCF? Isn't a levered CF more efficient?
If we are looking to find an implied share price for a company, isn't levered CF more efficient in doing so? We would also skip the trouble of having to calculate WACC.
If we are looking to find an implied share price for a company, isn't levered CF more efficient in doing so? We would also skip the trouble of having to calculate WACC.
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