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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 6.32 % per year . The cost of capital is 16.85%. If the firm was able to reduce its annual increase in working capital by 31.05 % , What would be the effect on firm's value The firm Free Cash Flow and Working Capital for the year was 1.54M and 25.13M respectivelyNOTE : Provide your answer with 2 decimals . If your computation is 35.3778 , you must answer 35.38

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