Question: 12. A terminal value for the discounted cash flows method can be estimated by O A. Estimating earnings for year 5, and a P/E ratio

12. A terminal value for the discounted cash flows method can be estimated by O A. Estimating earnings for year 5, and a P/E ratio at the end of year 5. B. Using the capitalized earnings method and estimating year 6 income. C. Using the probability-weighted expected return method (PWERM). D. Any of the above
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