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Which of the following is correct regarding the relationship between a firms capital structure and its free cash flows (FCF)? a. A firms capital structure
Which of the following is correct regarding the relationship between a firms capital structure and its free cash flows (FCF)? a. A firms capital structure does not affect its calculated free cash flows, because FCF reflects only free cash flow to equity. b. A firms capital structure does not affect its calculated free cash flows, because FCF reflects only operating cash flows. c. A firms capital structure affects its calculated free cash flows, because FCF reflects only interest payments. d. None of the above is correct
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