In my last post, I argued that academics and practitioners pay too much attention to discount rates in valuation and too little to cash flows.
Myth 4.3: The D cannot change (over time) in a DCF
Myth 4.3: The D cannot change (over time) in…
Myth 4.3: The D cannot change (over time) in a DCF
In my last post, I argued that academics and practitioners pay too much attention to discount rates in valuation and too little to cash flows.