What adjustment is made while using the Discounted Cash Flow method to value cyclical companies? a) Normalize earnings b) Use high discount rate c) Use bank rate for discounting d) Use high growth rate

What adjustment is made while using the Discounted Cash Flow method to value
cyclical companies?
a) Normalize earnings
b) Use high discount rate
c) Use bank rate for discounting
d) Use high growth rate
by

1 Answer

Answer :

a) Normalize earnings
by

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