When performing a discounted cash flow analysis, a banker uses which of the following to capture the value of a company beyond the projection period?
A) Enterprise value
B) Future value
C) Present value
D) Terminal value
Answer: D
When performing a discounted cash flow analysis, a banker uses which of the following to capture the value of a company beyond the projection period?
A) Enterprise value
B) Future value
C) Present value
D) Terminal value
Answer: D