› CFA › CFA Level 2 › Question of the Week: Level 2 – Equity Valuation (1) Search for:Search Button CFAFRMCAIACareersLounge GeneralLevel 1Level 2Level 3 Question of the Week: Level 2 – Equity Valuation (1) Add A Reply Login Sign Up This topic has 1 reply, 1 voice, and was last updated May-2010:08 am by MarkMeldrum. Author Posts MarkMeldrumParticipant Undecided 01 May 2020 at 10:08 am Up2:: The correct answer is Option B. The analyst can find FCFF from FCFE by adding after-tax interest expense and subtracting net borrowing. FCFF = FCFE + Int(1 – Tax rate) – Net borrowing Author Posts Viewing 0 reply threads You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Register Log In