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  • cdanajackson cdanajackson Feb 14, 2010 4:41 AM Flag

    Fair value calculation using discounted cash flow model

    Yes, I understand. However, if I may quote Warren buffet concerning some of my numbers, I'd rather be approximately right than precisely wrong. ;)

    But, you're right. It wouldn't be a bad idea to use a higher discount rate for the later years. I just decided to keep things simple.

 
JNJ
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