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1. Respond true or false to the following statements about the free cashflow to the firm: a. The free cashflow to the firm is always

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1. Respond true or false to the following statements about the free cashflow to the firm: a. The free cashflow to the firm is always higher than the free cashflow to equity. b. The free cashflow to the firm is the cumulated cashflow to all investors in the firm, although the form of their claims may be different. c. The free cashflow to the firm is a predebt, pretax cashflow. d. The free cashflow to the firm is an after-debt, after-tax cashflow. e. The free cashflow to the firm cannot be estimated without knowing interest and principal payments, for a firm with debt

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