1個回答
Vicky助教
2019-04-22 14:58
該回答已被題主采納
同學你好,
題干問的是計算Free cash flow to firm (FCFF),F(xiàn)CFF是指Cash available to all investors, both stockholders and creditors.(包括債權(quán)人和股東的自由現(xiàn)金流,因此要加回給債權(quán)人支付的利息Int*(1 - tax rate))
根據(jù)公式
FCFF = CFO + [Int*(1 - tax rate)] – FCInv
