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A corporate finance conundrum (Part 2)

Posted by Arun Uday on October 1, 2007

The valuation question posed in my last post had three responses. Two readers suggested that the cash needs to be added back and one said that it needs to be left alone. And now for the right answer – neither is correct. It in fact needs to be subtracted. Let me “prove” that to you.
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Posted in corporate finance, valuation | 7 Comments »