Question: Which statement is correct? APV is better than DCF because it requires fewer restrictive assumptions APV and DCF are equivalent when the APV's tax shield
Which statement is correct? APV is better than DCF because it requires fewer restrictive assumptions APV and DCF are equivalent when the APV's tax shield is discounted at the cost of debt APV and DCF are equivalent when the APV's tax shield is discounted at WACC DCF is better than APV because it requires fewer restrictive assumptions APV and DCF always give the same value
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