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- 2011-7-11
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- 2014-8-7
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Dividends and share repurchases are both done after the fact and will not impact your FCFE calculation.
FCFE will always include net borrowing as any increase in debt could potentially be used to benefit equity holders (in the form of share repurchases even though it is not a valid argument as the increased leverage raises Requity).
Does that help? |
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发表于 2011-7-12 23:19
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