DCF valuation

The centre of the project is represented by the practicability and the consistent implementation of the Discounted Cash Flow-(DCF-) Model. The following issues are analyzed: Is there a possibility to derive the different equation-types of the DCF-approach from the CAPM? What are the criteria to distinguish the different types of the DCF approach? Could further conceptions of DCF-valuation be formulated when the distinguishing criteria are taken into account? Is there a difference in interpreting the various types of the DCF-approach from an economic point of view? To what extent should the future cost of capital be assessed for a Model? Are there any possibilities to consider the issue of bankruptcy risk in a CAPM-based DCF approach?