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wenxing · 2019年11月12日

问一道题：NO.PZ201809170300000203 第3小题 [ CFA II ]

  1. CFA II
  2. Equity

* 问题详情，请 查看题干

问题如下图：1的解释为什么错，难道有影响？

选项：

A.

B.

C.

解释：

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1 个答案

maggie_品职助教 · 2019年11月13日

statment 1说的是free cash flow, free cash flow包括FCFE和FCFF, 杠杆变化不影响FCFF但是它影响FCFE。这个李老师在基础课反复强调了，建议去听下177页例题或是讲义190页



wenxing · 2019年11月13日

我一直把fcf 当作fcff

maggie_品职助教 · 2019年11月14日

嗯，以后做题注意，这些都是陷阱。加油。

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