I’m pretty brain dead at the moment but is the answer explanation simply mislabeled?
In the answer calcs its from 2010-2013, but the question is from 2011-2014? Question states “end of year FCFF” for 2011 being 170, but in the answer calcs it uses this 170 for 2010 FCFF…it goes on to do this for all of the periods…or am I missing something?
In the answer calcs its from 2010-2013, but the question is from 2011-2014? Question states “end of year FCFF” for 2011 being 170, but in the answer calcs it uses this 170 for 2010 FCFF…it goes on to do this for all of the periods…or am I missing something?