Define the terms explicit forecast period and terminal or horizon value as they relate to a ventures

Question:

Define the terms explicit forecast period and terminal or horizon value as they relate to a venture’s valuation.

Discounted Cash Flows
What is Discounted Cash Flows? Discounted Cash Flows is a valuation technique used by investors and financial experts for the purpose of interpreting the performance of an underlying assets or investment. It uses a discount rate that is most...