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OpenStudy (anonymous):
Dear Aswath, am I right if I convert FCFF to FCFE by subtracting the change in Net Debt from FCFF? thank you in advance!
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OpenStudy (anonymous):
you have to deduct interest expenses from fcff to derive at fcfe
OpenStudy (anonymous):
mrugen is right. You have to subtract out interest expenses (1- tax rate)
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