Multiple Choice
Control over a firm permits the possibility of changing the future cash flows. Which two of the following are possible results of achieving control on a target company?
A) A share may be less highly valued.
B) It could be valued on the basis of its discounted future cash flows.
C) It could be re- valued on the basis of previous cash flows.
D) A share may be more highly valued.
Correct Answer:

Verified
Correct Answer:
Verified
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