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DewDiligence

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DewDiligence

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Re: DewDiligence post# 208244

Friday, 01/20/2017 6:53:57 PM

Friday, January 20, 2017 6:53:57 PM

Post# of 251866
Addendum: BMY stands to benefit more than most Big Pharma from a reduction in the US corporate tax rate.

On Twitter, people are trying to build a DCF model to calculate the NPV of what BMY will receive from MRK in the PD-1 patent settlement announced today, but they don't know what tax rate to apply to this income.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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