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3. How do you define free cash flow? What is the free cash flow of the following firm? RM 25 million Operating Profit (after depreciation

3. How do you define free cash flow? What is the free cash flow of the following firm? RM 25 million Operating Profit (after depreciation of RM 2 mil) Interest paid RM 1 million Tax Rate 28% Investment Expenditure RM 3 million

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