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Why is it the case that, as explained in this unit s notes, looking at past free cash flow is an inadequate predictor of future
Why is it the case that, as explained in this units notes, looking at past free cash flow is an inadequate predictor of future cash flows?
Based on your business experience relating to projections, do you agree with this view? If not, what alternative methods do you make use of to project future cash flows?
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Value at Risk The New Benchmark for Managing Financial Risk
Authors: Philippe Jorion
3rd edition
0070700427, 71464956, 978-0071464956
