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The value of a firm is determined by the sum of all future free cash flows, discounted at the firms cost of capital. By summing
- The value of a firm is determined
- by the sum of all future free cash flows, discounted at the firms cost of capital.
- By summing all future free cash flows at the firms cost of equity.
- By discounting the firms future free cash flows by the unlevered weighted cost of capital.
- None of the above.
- All of the above.
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