Which of the following is incorrect?
A.In an unlevered DCF, the WACC is the appropriate discount rate because we are discounting free cash flows that belong to all providers of capital.
B.An implied share price which is above the current share price indicates that the shares are selling at a discount.
C.The DCF model assumes a constant WACC throughout.
D.The terminal value has minimal impact in the calculation of enterprise value.
Option D :- The terminal value has... View the full answer