Why do we need to convert the typical equity beta to value a firm using FCF?

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Nov 15, 2018 05:23 AM

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Why do we need to convert the typical equity beta to value a firm using FCF?

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FCF represents the total firm cash flow which ...View the full answer

Fundamentals of Investments, Valuation and Management

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