14) FCFE (Free Cash Flow to Equity) can be correctly computed as cash provided by operations plus capital expenditures minus net additional borrowing.

Ture

False

18) In using the FCFF valuation approach, the terminal value at moment t = n, TV_n, is found by: TV_n = FCFF_n/(WACC g).

True

False

20) Computing FCFF based on the statement of cash flows works very accurately even if the forecast statement of cash flows is inaccurate.

True

False