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Memphic Memphic
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6 years ago
Which of the following statements is FALSE?
A) In a share repurchase, the firm uses excess cash to buy back its own stock.
B) The discounted free cash flow model begins by determining the value of the firm's equity.
C) The discounted free cash flow model focuses on the cash flows to all of the firm's investors, both debt and equity holders, and allows us to avoid estimating the impact of the firm's borrowing decisions on earnings.
D) In recent years, an increasing number of firms have replaced dividend payouts with share repurchases.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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6 years ago
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Memphic Author
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6 years ago
Good timing, thanks!
Starfiew
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Yesterday
Just got PERFECT on my quiz
kh540941
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2 hours ago
Thanks for your help!!
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