3. Using the Free Cash Flow model to estimate the equity value: a. Requires, among other things, to add the expected value of the long term financial assets to the estimated enterprise value. This is due to the fact that the Free Cash Flow only considers the value of short term financial assets. b. Requires, among other things, to add the expected value of the long term financial assets to the estimated enterprise value. This is due to the fact that the Free Cash Flow only considers the expected cash flow to be released from the core activity of the company. c. Requires, among other things, to add the expected value of the long term financial assets to the estimated enterprise value. This is due to the fact that long term financial assets are core assets for the company. 3. Using the Free Cash Flow model to estimate the equity value: a. Requires, among other things, to add the expected value of the long term financial assets to the estimated enterprise value. This is due to the fact that the Free Cash Flow only considers the value of short term financial assets. b. Requires, among other things, to add the expected value of the long term financial assets to the estimated enterprise value. This is due to the fact that the Free Cash Flow only considers the expected cash flow to be released from the core activity of the company. c. Requires, among other things, to add the expected value of the long term financial assets to the estimated enterprise value. This is due to the fact that long term financial assets are core assets for the company