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The Jimmer Company has a historical growth in its free cash flows of 4% with little variability. With the addition of a new plant and
The Jimmer Company has a historical growth in its free cash flows of 4% with little variability. With the addition of a new plant and equipment, however, you expect that free cash flows will grow 2% in year 1, 4% in year 2, 8% in years 3 to 5, and 5% thereafter. The firm
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