Which of the following would improve the valuation of a company's stock using a discounted...
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Finance
Which of the following would improve the valuation of a company's stock using a discounted free cash flow approach?
| 1. | The company's operating margins decline | |
| 2. | Interest rates decline | |
| 3. | The company's WACC increases | |
| 4. | The market risk premium increases |
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