Steven: you seem to have divided $9.3b by 34yrs to arrive at 273m. If PMH earns $273m every year for 34 years then future earnings need to be discounted. My calculation shows that using 15% discount rate the net present value is about $2b. Using 25% discount rate NPV drops down to $1.36b.
Steven: you seem to have divided $9.3b by 34yrs to arrive at...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
