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Consider the following binary search tree diagram: If node M is to be removed, which action should be taken?
FCFE
Free Cash Flow to Equity, a measure of how much cash is available to the equity shareholders of a company after all expenses, reinvestment, and debt repayment.
Intrinsic Value
The actual, fundamental worth of an asset, as opposed to its market price or book value.
WACC
Weighted Average Cost of Capital, a measure of a company's cost of capital in which each category of capital is proportionately weighted.
Valuation Model
A framework or methodology used to determine the fair value of an asset, business, or investment based on its fundamentals and future earning potential.
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