Another inflation illusion post. This time with math.
Again the issue here is that you can't just increase the discount rate when you are valuing a stock without paying attention to the top line growth rate.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
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