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This type of multiples is only possible when rates are low. Likely their last infusion of capital made their valuations possible but I reckon it is reduced as r
by shabbatt 4y ago
This type of multiples is only possible when rates are low. Likely their last infusion of capital made their valuations possible but I reckon it is reduced as rates are ticking up fast.
- zhte415 4y agoWould valuations not be discounted on interest rate futures, not overnight? Or am I missing a piece?