I didn't check your spreadsheet. Bug1 made a good point.
Your DCF doesn't deduct capex and you should be accounting for the CHANGES in w cap, not adding it. FCF is negative into perpetuity.
http://www.investopedia.com/terms/f/freecashflow.asp
Good bye VOC
I didn't check your spreadsheet. Bug1 made a good point. Your...
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