The expectedcashflow volatility was measured by financial leverage, asset size.
预期现金流量波动性用财务杠杆、资产规模来度量。
2
The present value of future cashflow is determined by such three factors as expectedcashflow, the risk of expectedcashflow, and the time value of money.
未来现金流量的现值,由期望的现金流量、期望现金流量的风险以及货币的时间价值三个因素决定;
3
In this thesis, we do not adopt the traditional expectedcashflow approach, but choose the direct comparison method. This results the first part of the enterprise value.