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Background Note
| HBS Case Collection
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1998
Note on Alternative Methods for Estimating Terminal Value
by
William E. Fruhan Jr.
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Abstract
Reviews basic techniques for estimating terminal value in the valuation of businesses. Among the techniques discussed are perpetuities, growing perpetuities, use of multiples, and liquidation value. A rewritten version of an earlier note.
Keywords: Financial Liquidity;
Bonds;
Valuation;