What are the potential reasons cyclical companies invest cyclically rather than countercyclically?

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Valuation Measuring and managing the values of companies

ISBN: ?978-0470424704

5th edition

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

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Question Posted: Aug 12, 2015 02:28 AM

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What are the potential reasons cyclical companies invest cyclically rather than countercyclically?

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The three potential reasons are 1 Cash is generally more ...View the full answer

Valuation Measuring and managing the values of companies

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