I am aware that debt serves a different function in financial firms, similar to raw material.
I was wondering how to value financial firms on a fundamental basis, which model to use (DDM, DCF, Excess Return)
If Excess Return is the model necessary, can you briefly explain it?
Cheers.
Submitted June 24, 2018 at 10:50AM by tptelly https://ift.tt/2lu2sjr
