Hi
I am going through the annual report of a company which has fair valued all of its subsidiaries.
One of them has issued bonds and it has been valued using DCF.
I want to know the value of the business from a shareholder's perspective.
Should I take out the value of the bond from the value obtained using DCF?
I am going through the annual report of a company which has fair valued all of its subsidiaries.
One of them has issued bonds and it has been valued using DCF.
I want to know the value of the business from a shareholder's perspective.
Should I take out the value of the bond from the value obtained using DCF?