Finance Brain
Courses
Home
Sign in
← Discounted Cash Flow Valuation
1 / 4
Question
According to John Burr Williams' 1938 framework, what determines the intrinsic value of a company?
1
The total earnings generated over the company's lifetime, unadjusted for the time value of money
2
The present value of all the free cash flows the company will ever generate, discounted to today
3
The current book value of its assets minus all outstanding liabilities
4
The average of the company's highest and lowest share price over the past ten years
Press 1–4 to pick an answer
Finance Brain