Unlevered vs. Levered Cash Flow
A Side-by-Side Walkthrough for the Series 79 Exam “Your unlevered cash flow is always going to be greater than your levered cash flow.”Now let’s take a look at a side-by-side comparison of these 2 elements. This exact logic shows up often in investment banking modeling—and yes, Series 79 exam prep candidates should be comfortable with... "Unlevered vs. Levered Cash Flow"