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Tax-effected EBIT vs EBITDA for DCF terminal value
Full Question: Why did we use the tax-effected EBIT instead of EBITDA when calculating the terminal value using the perpetuity growth rate? Is this the standard in the business? Also, if we have the growth rate, can we calculate the EBITDA multiple using the following formula: (1+growth rate)/(WACC... Read More
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added 10 years ago