Explain why the total value of all of the securities used to finance a firm must be

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Explain why the total value of all of the securities used to finance a firm must be equal to the value of the firm?

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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Oct 19, 2016 10:17 AM

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Explain why the total value of all of the securities used to finance a firm must be

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The value of the firms assets is equal to the present value of the future cash flows ...View the full answer

Fundamentals of Corporate Finance

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