In valuation of shares, we have “Cash-flow based valuation models”: (i) dividend valuation model and the dividend growth model (ii) discounted cash flow basis.
Can you please highlight the importance of “discounted cash flow basis” model? I am confused about its name as we studied discounted cashflows in investment appraisal. I think we did not cover it in valuation of shares. So should I study anything about it in F9?