What is the current value of the security of Bank of America? Associate the financial characteristics of the issuer to the uncertainty associated with the bond's future cash flows and its rating. Value the future cash flows associated with the stocks using the no-dividend growth model, the constant dividend model, the constant growth model, the two-stage growth model, and the H-model. Apply the relative valuation approach to a company. Apply the discounted cash flow valuation approach to free cash flows to value a company and a company's equity.