Terminal Value: a Novel Author: Thomas Waite Website: http://thomaswaite.com/ Reviewed By: Anne Holmes for the NABBW According to Wikipedia, in the business of finance, the phrase terminal value refers to securities and is defined as “the present value at a future point in time of all future cash flows when we expect stable growth rate forever. It is a technical term that is generally used in multi-stage discounted cash flow analysis, where it allows for the limitation of cash flow projections to a several-year period.” But you don\’t have to have an MBA in finance to enjoy this... Read More

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