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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!

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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