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There are chapters dedicated to each of the major valuations methods common to mergers and acquisitions including comparable company analysis, comparable transaction analysis, discounted cash flow analysis, leveraged buyout analysis, and breakup analysis. If an appraisal's discounted cash flow analysis considers a five- or 10-year holding period, it's just as important that the qualitative analysis consider the impact of the town's or district's five- or 10-year development plan. The first step in the option analysis is to separate the project into its two phases and perform a discounted cash flow analysis for each phase. |
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