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At a minimum, valuation estimates should be presented using a range of fixed discount rates including 0% and 3%, and consideration should be given to estimates using declining rates over time.
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It should also be noted that this estimate can be considered a minimum valuation of pastoralist contributions to the wildlife-tourism economy.
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Through much of the spring, Mr. Brodsky sought to shore up Sandata's sinking stock price as it edged closer to Nasdaq's minimum valuation requirements.
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