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Post# of 108195
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fbg0316

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Re: trading_cyclist post# 36895

Sunday, 10/01/2017 4:05:13 PM

Sunday, October 01, 2017 4:05:13 PM

Post# of 108195
Unless the construct is near approval you need to discount future revenue to present. For example if a construct just stated phase 1 and could get $1 billion in revenue but not for 10 years later the $1 billion is much lower in today's dollars.
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