Chapter11: Venture Capital Valuation Methods
Section: Chapter Questions
Problem 14DQ
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Question
Define each of the following terms:
f. Residual value
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Step 1
Introduction:
Residual value is one of the elements of leasing computation or process. It defines the upcoming worth of a good on the basis of absolute worth in monetary terms and it is occasionally abridged into a proportion of the initial price when the item was new.
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