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"The value of a business is the sum of all future
cash flows, discounted to a present value".

That sounds very much like something I've read in The Warren Buffett Way. I think that's the book.. I haven't read it in a while. That was back in high school and I was a bit overwhelmed with all the math, although I could probably understand it, I got distracted from the book and haven't gotten back into yet.

I'd be happy to send you the excel version if you're
interested.


Yea, if you could e-mail that, I'd like to see how it works. Send it to jason@louisville.edu. Thanks.
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