The rich free cash flow that Vodafone generates may not last if prices keep falling and the company has to turn on the capital-spending tap or buy Vodafone out of difficulty.
如果价格继续下降，或是公司需要增加资本支出并通过收购让公司摆脱困境，沃达丰可能难以长期创造丰厚的自由现金流。
The paper studies the free cash flow from the vision of a project or a company and gives some Suggestions about how to calculate the free cash flow and how to use a discount rate correctly.
本文对自由现金流的计算、计算方面的注意事项和应用检验三个方面进行了研究，同时对折现率的使用给出了一些建议。
The paper studies the free cash flow from the vision of a project or a company and gives some Suggestions about how to calculate the free cash flow and how to use a discount rate correctly.
本文对自由现金流的计算、计算方面的注意事项和应用检验三个方面进行了研究，同时对折现率的使用给出了一些建议。
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