This question is incomplete, below is the complete one gotten from google:
The "pseudo dividend method" (PDM) is a valuation method involving zero explicitly forecasted dividends and an adjustment to working capital to strip surplus cash. True of False?
Answer:
The "pseudo dividend method" (PDM) is a valuation method involving zero explicitly forecasted dividends and an adjustment to working capital to strip surplus cash - True
Explanation:
With regards to the pseudo dividend method" (PDM) is a valuation method The following happens: