| http://www.w3.org/ns/prov#value | - nted Cash Flow Valuation: CHAPTER 15 ??? Mergers and Acquisitions 15 - 46 The Proactive Approach Discounted Cash Flow Valuation The key to using the DCF approach to price a target firm is to obtain good forecasts of free cash flow Free cash flows to equity holders represents cash flows left over after all obligations, including interest payments have been paid.
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