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Please show all work. Little if any credit will be given to answers without supporting to work. A firm earned a profit of $ 5
Please show all work. Little if any credit will be given to answers without supporting to work.
A firm earned a profit of $ million last period. The marginal tax rate is tax. Depreciation and interest expense were $ million and $ million, respectively. The firm invested $ million in fixed capital necessary to sustain the business and invested $ million in net working capital.
Compute the firm's FCFF
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