sir if FCFs for the firm initially grow at 6% say, in the first yr, then at 4% in second yr and third yr onwards to perpetuity FCFs are expected to grow at 2% then does that mean the planning horizon for the firm is till perpetuity?
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Planning horizon
5y ago#1Yes it does :-)
What is planning horizon
3y ago#3The planning horizon is the period over which they decide to appraise the investment.
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