CFA CFA Level 2 fixed capital investment and FCFF

fixed capital investment and FCFF

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    • Avatar of googs1484googs1484
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        • CFA Level 3
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        @pauladaptprep I am usually pretty good with this stuff so this is bothering me but I think the answer here is wrong from your question bank. You took the change in NET capital fixed investment which already includes the effects of depreciation in FCF. By you adding back depreciation on top of the delta of net FCinv you are double counting. Did not you over state FCF here by 160?

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