The exam was ok and in my opinion the exam was set from a practical point of view and I felt like it was an applied skill exam rather than an applied knowledge one. But overall, the exam was set in such a way that it incorporates both the theory and practical question which really required one to apply his/ her mind.
good day sir?’ when we are calculating the value of ordinary equity using the FCFF, and we are given the statement of cash flow, does this affect how we calculate our free cash flows and what we will be my starting point in this scenario?’
thanks in advance, your answers are really helping