15. Assuming that KMSs market share will increase by 0.25% per year (implying that the investment, financing,
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15. Assuming that KMS’s market share will increase by 0.25% per year (implying that the investment, financing, and depreciation will be adjusted as described in Problems 13 and 14), and that the working capital assumptions used in the chapter still hold, calculate KMS’s working capital requirements through 2018 (that is, reproduce Table 18.9 under the new assumptions).
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Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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