For distressed companies with highly uncertain cash flows, the discount rate (Fed policy) doesn't matter at all; you only care about binary 'will they survive' questions. This proves the finance principle: discount rate relevance is inversely proportional to cash flow uncertainty.
causalpending
Speaker
Mark DaEvidence Quote
“you buy a distressed company you don't care what the discount the fed the 10year treasury rate is all you care about are they going to make it”
Created: 8/11/2026, 1:22:08 AM
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