Value and worth: scenario analysis.

Purpose ? This paper sets out to look at ?calculation of worth? as it relates to valuations. Design/methodology/approach ? A number of pricing models and valuation methods are analysed. Forecasting is also considered. Findings ? It is possible to adapt the discounted cash flow (DCF) method to incorporate subjective predicted growth rates. In the case of a rack-rented freehold, the DCF method produces the same value as the traditional method. Originality/value ? This paper looks at ?testing the assumptions?. [ABSTRACT FROM AUTHOR]