NAV Useful Valuation Method?
While studying for ib interviews, I have found guides always state the 3 common valuation methods as DCF, Comparable Companies, and precedent transactions; however, while reading an M&A book, the author states the NAV method as one of the most common. Since the book was published in 2001, is NAV an antiquated method or is it still an acceptable and common method? Thanks for your help!
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