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    Corporate Finance Study Set 4
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    Exam 21: Mergers, Acquisitions, and Corporate Control
  5. Question
    The Free-Cash-Flow Theory Supports the Notion That the Market Gain
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The Free-Cash-Flow Theory Supports the Notion That the Market Gain

Question 41

Question 41

True/False

The free-cash-flow theory supports the notion that the market gain from an LBO is basically the present value of the firm's future cash flows that were kept from being wasted.

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