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The net income of the firm is reported as $5,669. Capital expenditures increased by $1,979, depreciation is $1,566 and the non-cash working capital decreased by
The net income of the firm is reported as $5,669. Capital expenditures increased by $1,979, depreciation is $1,566 and the non-cash working capital decreased by $1,034. If the firm issued $1,166 of new debt and repaid $234 of existing debt, what is the free cash flow to the equity holders (FCFE) of the firm?
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