标题: Equity Value from Firm Value [打印本页] 作者: amqata 时间: 2013-4-5 10:14 标题: Equity Value from Firm Value
Quick Question:
#57 In CFA AM Mock.
I got the Firm Value from FCFF method. great.
To get the Equity Value, they subtract LT Debt from FCFF. OK, what about Current Liabilities? Do we just pretend they aren’t there? WTF?作者: lucasg85 时间: 2013-4-5 10:16
you used that # to calculate the WCInv - so it is non-interest bearing debt. So you do not use that for firm value.
