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- 2014-8-6
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nospe690 wrote:
My question is why do you subtract BV of debt, shouldn’t it be Market Value of debt?
Coz you use FCFF to value the firm and therfore you use book values to get to FCFF
Then u must substruct book value of debt to get to equity value |
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发表于 2013-4-21 16:13
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