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DewDiligence

05/15/13 9:07 PM

#161199 RE: biomaven0 #161197

Re: MRK’s valuation

Jbog is trying to argue that the risk-free interest rate is artificially low and shouldn’t be used in your valuation model. My retort is that, even with a higher (less artificial) interest rate, a 13x P/E is not a bubble valuation or anything close to it.