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Free cash flow in a free cash flow valuation represent: A . the pro forma EBIT after working capital changes and capital expenditure. B .

Free cash flow in a free cash flow valuation represent:
A. the pro forma EBIT after working capital changes and capital expenditure.
B. All of these options
C. the net cash generated annually before dividends payments.
D. the annual change in the company's net cash position.
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