11. Which of the following is NOT true about forecasting financial statements and valuing companies?...

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11. Which of the following is NOT true about forecasting financial statements and valuing companies? a To avoid biasing your forecast, you should not consider information outside of the historical financial statements, b. A change in assumptions about revenue growth will affect both other accounts on the income statement and accounts on the balance sheet c. Different assumptions about the company's Beta and long-term growth rate tend to have large effects on the estimated value of a company. d. Forecasts will generally be more consistent if the forecasted statement of cash flows is developed from the forecasted balance sheets and income statements rather than forecasted independently. e. All of the above are true

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