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13) You are interviewing for a Financial Analyst position at Case Corp. After a brief introductory conversation with the hiring manager, she says Walk me

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13) You are interviewing for a Financial Analyst position at Case Corp. After a brief introductory conversation with the hiring manager, she says "Walk me through a DCF analysis. No need to do any math, but tell me step by step how you would do it. The more details you give me, the better it will show me that you understand the calculations involved in the process." (4 pts) 14) After giving the manager your DCF answer, she says Great! Now can you please explain why we use unlevered free cash flows in our DCF calculations? Why not use instead something like "Cash Flow from Operations - Capex as a proxy for the company's cash flows?" (4 pts)

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