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- 2011-7-11
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- 2016-4-19
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also one of the reasons why FCFE is not a good measure to value equity of a company if its capital structure is changing....
when company is in high growth mode - they would have large amounts of CAPEX.
Additionally the CAPEX would be financed thro' higher new borrowings - both the CAPEX and the new borrowing would offset each other.
CP |
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发表于 2011-7-11 19:56
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