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. .

1. 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.