Monday, January 16, 2012

How do I project the cash flows for a company for the next 5 to 10 years?

I think I should be using pv=cf/(1+r)^n for the first five years, but where do I get cf (cash flow)? Do I look at the company's cash flow statement? And if so, what exactly on the cash flow statement do I use (Total Cash Flow From Operating Activities?) for cf?

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