sample_input_three_stage.json

{
  "ticker": "AAPL",
  "market": "US",
  "as_of_date": "2026-04-05",
  "currency": "USD",
  "valuation_model": "three_stage",
  "assumptions": {
    "effective_tax_rate": 0.187,
    "marginal_tax_rate": 0.21,
    "risk_free_rate": 0.043,
    "equity_risk_premium": 0.05,
    "beta": 1.08,
    "pre_tax_cost_of_debt": 0.032,
    "equity_weight": 0.92,
    "debt_weight": 0.08,
    "terminal_growth_rate": 0.03,
    "stage1_growth_rate": 0.08,
    "stage1_years": 5,
    "stage2_end_growth_rate": 0.045,
    "stage2_years": 3,
    "stage2_decay_mode": "linear"
  },
  "fundamentals": {
    "fcff_anchor": 106216000000.0,
    "fcff_anchor_method": "manual_input",
    "net_debt": 46000000000.0,
    "shares_out": 15500000000.0,
    "last_report_period": "2025-09-27"
  }
}