Pro Forma Statement
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When speaking of the present value of future cash flows, is it referring to values found on a pro forma statement?
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When speaking of the present value of future cash flows, is it referring to values found on a pro forma statement?
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No. In pro-forma statements we have the nominal value of the cash flows. So if the cash flow in year 2007 is $11,000 and in 2008 is $12,100, these are ...
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