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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,846.40
(
0.00%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
85.84
(
-0.77%
)
Bitcoin
56,040.68
(
0.35%
)
Post# of 44006
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stephQB

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stephQB

Re: Nelderand post# 10773

Friday, 09/01/2006 5:02:14 PM

Friday, September 01, 2006 5:02:14 PM

Post# of 44006
Nelderand, re: discounting...

I was taught that the market "discounts" expected future cashflows to their present value, which forms the basis of the current market cap, and thus share price.
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