Which of the following is False?

A. Enterprise value is the value of the firm's underlying business, unemcumbered by debt and separate from any cash.

B. Enterprise value is the total value of the firm to all investors (both equity and debt holders).

C. The discounted free cash flow model can be used to find the enterprise value of a firm.

D. We can interpret the enterprise value as the net cost of acquiring the firm's equity, taking its cash, paying off all debt, and thus owning the unlevered business.

E. None of the above