How would you project FCFs in a distressed DCF?
How long would your projection period be for a distressed company? Would it change because the company is in distress and probably has negative FCFs? Thus would it still be 5 years and then just add a low multiple on TV to reflect uncertainty of business for mid-to-long term?
quadra, pure crickets, that's where I come in. Any of these useful?
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Fingers crossed that one of those helps you.
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