Johnson also offers a cost breakdown of how that cost works. And yes, it's actually a 20-year cost, discounted backtopresent value using a 5% discount rate.
约翰逊还提供了估算成本的成本明细表,实际上需要20年的维护成本,现值折旧率为5%。
2
To value something, you simply have to take its free cash flows from now until kingdom come and then discount them backto the present using an appropriate discount rate.
In order to calculate intrinsic value, you take those cash flows that you expect to be generated and you discount them backto their present value - in our case, at the long-term Treasury rate.