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1. Can capital structure issues affect the numbers in your pro forma?
2. How can you estimate the required stated cost of capital on debt if you were to change the firm's leverage ratio?
3. Where did our forecast of PepsiCo's value go wrong?
4. Are internal pro formas or external pro formas usually more accurate?
5. What are common and reasonable detailed projection period horizons?
6. What are the problems with a simple projection of historical sales growth rates?
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