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Discuss the Indirect and Direct Methods in Deriving Cash Flow

question 110

Essay

Discuss the indirect and direct methods in deriving cash flow from operations.


Definitions:

Adjusted Beta

A beta value modified to account for a stock's historical volatility and tendency to revert to the market mean.

Well-Diversified Portfolio

An investment portfolio that spreads risk across various asset classes, industries, or geographical regions to reduce the impact of any single investment's poor performance.

Single Index Model

A simplified model to estimate security returns that relates these returns to a single market index, accounting for market risk.

Portfolio's Sigma

Portfolio's Sigma, often synonymous with standard deviation, quantifies the overall risk or volatility of a portfolio, indicating how its returns can vary from the expected return.

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