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Why do we not subtract interest when calculating the annual operating cash flows when we are estimating cash flows because: Because interest is expensive, a
Why do we not subtract interest when calculating the annual operating cash flows when we are estimating cash flows because:
Because interest is expensive, a company is better off issuing stock.
Double counting, since interest is already included in the WACC.
Because we assume that the company takes on no interest when undergoing a project.
Because interest is irrelevant to this calculation.
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