Business Finance - Explain why valuation might be described as a "fickle" process to a stockholder. What factors tend to make the process fickle, and what factors tend to make it more predictable?
"Fickle" process of Valuation - Explain why valuation might be described as a "fickle" process to a stockholder. What factors tend to make the process fickle, and what factors tend to make it more predictable?
stockholders/cash flow - Why might stockholders be indifferent whether or not a firm reduces the volatility of its cash flows?