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Explaining the DCF Model: Step by Step

In this post, I will take you step by step through the process of valuing the apparel retailer we discussed in the previous post using the DCF model. While reading this, I recommend opening the DCF model I shared in that post so you can go through each item as we discuss them.


For ease, pls download the updated Excel file containing the DCF model at the end of this article.


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