Dear AOE,

I’m totally getting pwned by all your lovely components of FCFE and FCFF.. WACC, risk-free rate, beta, market risk premium, marginal tax rate, cost of debt, cost of equity, and whatever other mind-boggling terms there are, I really really don’t get them :( it was okay in fnce101 when I just had to pluck numbers and throw them into formulas. But now you want me to assess these components and determine if they are the correct estimates? (insert my favourite jaw-dropping terrified whatsapp face here) Will you just allow me to crawl under my bed and disappear, please?

Every friday morning my heart skips a beat seeing these formulas and numbers, because for that moment I am excited to meet my friendly calculator again. But i forget, it isn’t math. It isn’t. Its finance. Accountancy not equals math, and neither is finance equals math. Finance = finance = pain to kelly. And why hello, can someone tell me why I’m a finance major again. #whatiwondereveryfriday

But its okay, i wiiiiiiiiillllllllllllllllll…. conquer you. My dear fnce203.

1. cytotoxic liked this
2. funnyhow posted this