Why do valuation models lend themselves to playing with mirrors?

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Why do valuation models lend themselves to "playing with mirrors"?

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Financial Statement Analysis and Security Valuation

ISBN: 978-0078025310

5th edition

Authors: Stephen Penman

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Question Posted: Aug 25, 2017 02:10 AM

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Why do valuation models lend themselves to playing with mirrors?

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Inputs into a valuation more can be quite uncertain particularly ...View the full answer

Financial Statement Analysis and Security Valuation

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