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- 2011-7-11
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- 2014-7-3
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Think about it intuitively and then the formulas are easy. FCFF is cash flow generated to all stakeholders in the firm, both debt and equity holders. FCFE is cash flow to equity holders only. Do a couple of examples - it will start to make sense. These are easy points in the equity section as the material/logic is straightforward. |
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