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The FCF is the cash flow available to equity holders and reflects financing decisions. Do you agree? Explain your answer. [10 marks] d.When estimating the

The FCF is the cash flow available to equity holders and reflects financing decisions. Do you agree? Explain your answer. [10 marks] d.When estimating the cost of equity in the context of the Capital Asset Pricing Model (CAPM), the investor should use historical equity beta. Do you agree? Explain your answer.

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