Question: How do project cash flows as calculated in this chapter affect a firms corporate free cash flows as defined in Chapter 7 and then used

How do project cash flows as calculated in this chapter affect a firm’s corporate free cash flows as defined in Chapter 7 and then used in Chapter 11 to calculate a firm’s value? How does a proposed project’s estimated NPV affect the value of the firm?

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The firms FCFs reflect both its past and current investments Past investments produce current FCFs b... View full answer

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