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Measuring returns on investments, chapters 7 10, chapter 26, chapter 28. Damodarans investment valuation explains the hard work part. Investment valuation 2nd edition 0 problems solved. The value of an asset is an increasing function of its life. Generally, the greater the uncertainty, the lower is the value of an asset. This may seem like a bit of a free lunch, and i guess it is. All books are in clear copy here, and all files are secure so dont worry about it. These are the solutions to the problems at the end of the chapters in the book. Introduction to valuation damodaran on valuation wiley. The regressions were updated from 1987 to 1991 in the previous edition of this book using a much broader sample of stocks3. Since discounted cash flow valuation requires positive cash flows some time in.
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