GM506-01N-Free Cash Flows. Explain “free” cash flows
January 13th, 2018
12.1 Free Cash Flows. Explain “free” cash flows. Describe which types of cash flows are free and which are not. How do free cash flows available for debt and equity stakeholders differ from free cash flows available for common equity shareholders.13.1 Valuation Approach Equivalence. Conceptually, why should an analyst expect a valuation based on dividends, a valuation based on the free cash flows for common equity shareholders, and valuation based on residual income to yield equivalent value estimates for a given firm?