Pascal PIERRE edited section_Building_a_Profitability_Valuation__.tex  almost 8 years ago

Commit id: 38abf6700e3435e78f3b70fc989be14ede6fe542

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becomes  \begin{equation}  EV_{t}=\displaystyle\sum_{i=t+1}^{t+K}\frac{IC_{i-1}(1+WACC)+A_{i}-IC{i}}{(1+WACC)^i}+EV_{t+K}  \end{equation} This can be simplified so that finally we get :