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Valuing Equity in Firms in Distress

Valuing Equity in Firms in Distress. Aswath Damodaran http://www.damodaran.com. The Going Concern Assumption. Traditional valuation techniques are built on the assumption of a going concern, I.e., a firm that has continuing operations and there is no significant threat to these operations.

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Valuing Equity in Firms in Distress