QUESTIONS 79 THROUGH 90 RELATE TO EQUITY INVESTMENTS

90. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
90. Which of the following statements is least accurate? A firm’s free-cash-flow-to-equity (FCFE): A. is a measure of the firm’s dividend-paying capacity. B. increases with an increase in the firm’s net borrowing. C. is significantly affected by the amount of dividends paid by the firm.