Can some please advice me on how to identify the type of valuation in merger/acquisition question. i know :
Valuation type 1 is no risk
Valuation type 2 is financial risk
Valuation type 3 is both business risk & financial risk.
for example , In Dec 2013 , type 3 was used, so how can one find out?
Can someone advise me as to when we should look up the annuity table and when to look up the PV table.
During the APV calculation , the tax benefit was discounted by look up at the annuity table NOT the usual PV table
i am kind of confused because in the usual NPV calculation with cashflows for say 3 years we use the PV table (…[Read more]