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  • Running The Numbers – Apple Looks Cheap [View article]
    Raise the WACC to 11% and AAPL looks expensive (AAPL's beta is >2). Lower the (exceedingly high) terminal growth rate to 4.75 and AAPL looks expensive. You can get any result you want with a DCF valuation.
    Sep 23 07:49 am |Rating: 0 0 |Link to Comment
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