Value of a firm vs. Enterprise value
I was confused when I was looking over the definition of “value of the firm”, because the notes define value of the firm by using FCFF (free cash flow to the firm), which was different from the definition of enterprise value. It seems like they are all capturing the total value of a firm. Are they the same thing?
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.