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标题: FCFF and FCFE Question [打印本页]

作者: zbird2134    时间: 2011-7-11 19:42     标题: FCFF and FCFE Question

Why is it that Proceeds from issuing new common shares, and repurchases of shares have no effect on FCFF and FCFE?
作者: ayodayo    时间: 2011-7-11 19:42

Thanks. I understand and know the formulas. I'm looking for a more logical explanation however?

If someone gives me $100, and I issue them a piece of paper that declares some % ownership, it would seem that would give me an extra $100 of free cash?




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