=15/Has a reduction in working capital of 1% the same impact on a DCF as a 1%

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=15/Has a reduction in working capital of 1% the same impact on a DCF as a 1% improvement in the EBIT margin?

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Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

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