Page 65 - FINAL CFA I SLIDES JUNE 2019 DAY 12
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Session Unit 14:
49. Equity Valuation: Concepts and Basic Tools
LOS 49.h: Identify characteristics of companies for which the constant growth or a
multistage dividend discount model is appropriate., p.296
Think product life cycle?
LOS 49.i: Explain the rationale for using price multiples to value equity, how the price to earnings
multiple relates to fundamentals, and the use of multiples based on comparables., p.297
tanties
