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Discussion (150-200 words): Why do you think so much emphasis is placed on cash-

Discussion (150-200 words): Why do you think so much emphasis is placed on cash-flow-based stock evaluations, especially the “free cash flow model”?
Assignment (1-2 pages double space): What is the six step process involved in valuation? List the six steps in sequence, explaining and discussing the importance and relevance of each step.