Correction in MTY 20 year compounded returnI have made a mistake in my calculation of MTY's 20 year compounded return. Below are the corrected figures:
20 year compounded return: 28.6%
$10,000 invested in MTY at end of 2001 is worth today: $1,533,056
I apologize for the above mistakes. I was incorrecty usnig $0.09 as MTY's 2001 stock price instead of the $0.36 it traded at its year end. $0.09 was its free cash flow per share in 2001 and not its stock price.
Again, sorry for the mistake.