PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]PV = Σ CFₜ / (1 + r)ᵗE[Rᵢ] = r_f + βᵢ (E[Rₘ] − r_f)WACC = (E/V)·rₑ + (D/V)·r_d·(1 − T)P₀ = D₁ / (r − g)C = S·N(d₁) − K·e^(−rT)·N(d₂)EV = Σ FCFFₜ / (1 + WACC)ᵗ + TVβₗ = β_u · [1 + (1 − T)·(D/E)]