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7) A company expects capital expenditures and depreciation to continue to offset each other and for both net income and increases in working capital to

7) A company expects capital expenditures and depreciation to continue to offset each other and for both net income and increases in working capital to grow at 5.8% per year. The firm cost of capital is 10.23%. If the firm was able to reduce its annual increase in working capital by 47.67%, What would be the effect on firm's value?. The firm Free Cash Flow and Working Capital for the year was 6.75M and 24.69M respectively

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