Why do net income and cash flow in the numerical examples
Why do net income and cash flow in the numerical examples in this chapter both grow at the same rate (g) in the terminal value period?
Why is this important?
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why do the numerical examples in this chapter involve a large dividend in the last year of the explicit forecast
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why do net income and cash flow in the numerical examples in this chapter both grow at the same rate g in the terminal
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How might these concerns affect your methodology, and how do you plan on approaching the topic more generally?