标题: Private Equity Valuation Q 4 p 677 CFA Volume4 [打印本页] 作者: bcp901 时间: 2013-4-13 23:27 标题: Private Equity Valuation Q 4 p 677 CFA Volume4
Why is the Excess earnings not multiplied by (1.05) growth rate and instead is only capitalised by .10 (which is the difference between .15 and .05)?
Thank you作者: former 时间: 2013-4-13 23:28