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Thank you very much!
So it means growth rate of free cash flow to equity equal to dividend growth rate?
Could you expain a little bit more on this?
Thank you so much!
Hi John,
Could I understand that 03 years time means $15mil shall be invested in the next 03 years (which is 0,1,2 -> year 2) then investment should be discount at 1/1.12^2 rather than 1/1.12^3?
Thank you
