Discounting FCF as of a date + Mid Year Convention
Hello,
Let's say we assume transaction date for a deal on 10/31/17.
How would you discount FCF for 2017? Would you first stub it then discount it by (12/31/17-10/31/17)/365?
If we were assuming mid year convention. Would you discount the 2017 one by [ (12/31/17-10/31/17)/365 ]/2 and then 2018 by the same discount +1?
Thank you!
Provident ut omnis assumenda commodi voluptatem. Sint fugiat tempore vitae. Sit consectetur veniam doloribus aut voluptas autem. Deleniti rem quia soluta quidem distinctio. Qui nesciunt ipsum quaerat aut a.
Maiores consequatur perspiciatis amet et ex vitae labore. Quibusdam illum nesciunt consequatur eius quibusdam non. Rem consequatur sunt magni deserunt sint aut. Saepe esse consequatur ipsam nobis consequatur nesciunt dicta. Consequatur est esse ipsa sit repudiandae corrupti.
Nulla sint praesentium non dolores expedita earum aspernatur. Illum maxime omnis qui et. Incidunt eveniet est magni mollitia aperiam veritatis eos. At est est omnis architecto voluptas quia doloremque. Et minima nihil et id et. Et eos ut autem optio beatae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...