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Question 31 (2 points) What are inverted yield curves and what is their significance? AJ Question 32 (2 points) Enzio Electronic generated free cash flow

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Question 31 (2 points) What are inverted yield curves and what is their significance? AJ Question 32 (2 points) Enzio Electronic generated free cash flow of $89 million this year (year O). For the next two years, the company's free cash flow is expected to grow at a rate of 8.0%. After that time, the company's free cash flow is expected to level off to the industry long-term growth rate of 5.0% per year. Suppose the weighted average cost of capital is 9.5% and Enzio Electronic has cash of $100 million, debt of $280 million, and 100 million shares outstanding. What is Enzio Electronic's expected free cash 2 MacBook Air

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