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The reason that a discount factor in Year 3 is less than a discount factor in Year 2 is that
Mass Market
The large segment of the consumer population to which products and services are marketed with a wide appeal and broad accessibility.
Coke
A trademarked name for a popular carbonated soft drink produced by The Coca-Cola Company, known globally.
Pepsi
A global beverage and food company known primarily for its flagship product, a carbonated soft drink called Pepsi.
Infrastructure
The basic physical and organizational structures and facilities needed for the operation of a society or enterprise, such as roads, buildings, and power supplies.
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