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- 2011-5-25
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- 2012-9-12
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I suggest the best way to start looking at FCFF or FCFE through the EBIT formula.
FCFF = EBIT(1-t) + Dep - INVwc - INVcapex
Theoretically, FCFF should not change as an increase in Interest expense is simply eating away from NI, or equity. As such, FCFF should not change.
Hope this helps! |
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发表于 2011-7-13 16:17
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