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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

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 7.31% per year. The firm cost of capital is 18.42%. If the firm was able to reduce its annual increase in working capital by 39.77%, What would be the effect on firm's value?. The firm Free Cash Flow and Working Capital for the year was 7.77M and 24.29M respectively

PLEASE WRITE 2 DECIMALS

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