Should subsequent events be considered in the present value of a business entity?

Business Valuation UpdateVol. 8 No. 3
March 2002
Shannon P. Pratt, CFA, ARM, ABAR, FASA, MCBA, CM&AA
discounted cash flow (DCF), subsequent events


One of the questions I'm frequently asked is "What are the rules relating to proper inclusion or exclusion of consideration or subsequent events?" Two categories of subsequent events There are ...