Why do we use Levered Free Cash Flows (LFCFs) instead ofUnlevered Free Cash Flows (UFCFs) when projecting capitalneeds?

A) Because UFCFs = NOPAT, and thus properly reflects profits

B) Because LFCFs reflect cash flows available at the firm'sdiscretion while UFCFs do not

C) Because UFCFs reflect cash flows available at the firm'sdiscretion while LFCFs do not

D) Because LFCFs = NOPAT, and thus properly reflects profits

E) Because UFCFs subtract interest expenses while LFCFs donot