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Provide the rationale for using expected free cash flow in valuation.
Epictetus
A Greek Stoic philosopher who emphasized the importance of personal freedom and responsibility in achieving happiness.
Hedonism
A philosophical theory suggesting that pleasure or happiness is the highest good and utmost aim of human life.
Epicurus
An ancient Greek philosopher who founded Epicureanism, a philosophy that taught the pursuit of happiness through the elimination of pain and fear, emphasizing simple pleasures, friendship, and a contemplative life.
Exponent
A person who believes in and promotes the truth or benefits of an idea or theory.
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