标题: Equity Value from Firm Value [打印本页] 作者: HuskyGrad2010 时间: 2011-7-13 16:49 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: yodacaia 时间: 2011-7-13 16:49
you used that # to calculate the WCInv - so it is non-interest bearing debt. So you do not use that for firm value.
