精选优质文档-倾情为你奉上Chapter 18Valuation and Capital Budgeting for the Levered Firm Multiple Choice Questions1.The flow-to-equity (FTE) approach in capital budgeting is defined to be the:A.discounting all cash flows from a project at the overall cost of capital.B.scale enhancing discount process.C.discounting of the levered cash flows to the equity holders for a project at the required return on equity.D.dividends and capital gains that may flow to a shareholders of any firm.
