Which of the following statements is FALSE? A. Free cash flow measures the cash generated by a firm after payments to debt or equity holders are considered. B. The more cash a firm uses to repurchase shares, the less it has available to pay dividends. C. We can interpret the enterprise value of a firm as the net cost of acquiring the firm's equity, taking its cash, and paying off all debts. D. We estimate a firm's current enterprise value by computing the present value (PV) of the firm's free cash flow.
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