Finance School of management Valuation of uncertain cash flows CCA/DCF The dCf approach discounts the expected cash flows using a risk-adjusted discount rate .s The Contingent-Claims Analysis(CCa)uses knowledge of the prices of one or more related assets and their volatilities uesTc4 Finance School of Management Valuation of Uncertain Cash Flows: CCA / DCF ❖ The DCF approach discounts the expected cash flows using a risk-adjusted discount rate ❖ The Contingent-Claims Analysis (CCA) uses knowledge of the prices of one or more related assets and their volatilities