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cc84sc cc84sc
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A month ago
The main difference between reactive and proactive valuation models is

▸ proactive models determine what the value should be based on future values of cash flows and earnings while reactive models use general rules of thumb and the pricing of other securities.

▸ reactive models focus on management expectations while proactive models use analyst forecasts.

▸ reactive models determine what the value should be based on future values of cash flows and earnings while proactive models use general rules of thumb and the pricing of other securities.

▸ reactive models are very ad hoc while proactive models are precise.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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AdieMichelleAdieMichelle
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A month ago
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A month ago
This helped my grade so much Perfect
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Correct Slight Smile TY
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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