Castuner
Aswath Damodaran

Session 24: Closing Dividend Books and Opening Valuation Act

1:33:34

Audio file

In today's class, we put the closing touched on dividend policy analysis by going through the possess of estimating FCFE, the cash flow left over after capital expenditures, working capital needs and debt payments. In the second half of the class, we laid the foundations for valuing companies by talking about the importance of narrative and connecting them to numbers. If you are interested, here…