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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

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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 6.75% per year. The firm cost of capital is 18.96%. If the firm was able to reduce its annual increase in working capital by 37.21%, What would be the effect on firm's value?. The firm Free Cash Flow and Working Capital for the year was 3.96M and 22.82M respectively NOTE: Provide your answer with 2 decimals. If your computation is 35.3778, you must answer 35.38

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