The DCF model assumes certainty and perfect capital markets. Thus, it is impractical to use it in

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“The DCF model assumes certainty and perfect capital markets. Thus, it is impractical to use it in most real-world situations.” Do you agree? Explain.

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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