Free Cash Flow to the Firm (FCFF) - InvestingAnswers What is Free Cash Flow to the Firm (FCFF)? Free cash flow to the firm (FCFF) is the cash available to pay investors after a company pays its costs of doing business, invests in short-term assets like inventory, and invests in long-term assets like property, plants and equipment
Immunization Definition Example - InvestingAnswers How Does Immunization Work? To understand the immunization strategy, first remember that although bond prices fall when interest rates rise, the rate at which the investor can reinvest his coupon payments increases (the opposite is also true: when rates fall, prices rise but the reinvestment rate falls)