Compare and contrast the APV, FTE and WACC approaches to valuation.© BrainMass Inc. brainmass.com August 18, 2018, 7:34 pm ad1c9bdddf
Three methods are proposed for valuation of levered firms:
- The APV (adjusted present value) approach,
- The WACC (weighted average cost of capital) approach and
- The FTE (flow to equity) method.
Studies  show that WACC and APV are two completely ...