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Creative Destruction and the Perpetual Growth Assumption
- Source :
- Business Valuation Review. 37:150-157
- Publication Year :
- 2018
- Publisher :
- Business Valuation Review Journal, 2018.
-
Abstract
- In determining terminal value in a discounted cash flow (DCF) valuation, it is usually assumed that a mature company will grow at a constant rate in perpetuity. The impact of creative destruction a...
Details
- ISSN :
- 08971781
- Volume :
- 37
- Database :
- OpenAIRE
- Journal :
- Business Valuation Review
- Accession number :
- edsair.doi...........c9e51867f21183b8ed743a49f2431305