[mingyan]

Hi Sir, it’s me again. Sorry for troubling. I want to ask why the repayment of secured loans is not deducted when we calculate FCFE. The question stated that expected growth based on current rate of retention. Currently the company is repaying debt of 31. The FCFE formula state that we should deduct any repayment of debts so why they didn’t minus for this question?

[mingyan]

Hi sir, may I know when are we supposed to use this MIRR formula? Usually the formula we use is different from this.

[mingyan]

Okay, thank you Sir!

[Author]

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