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URGENT Franklin Industries has a current net working capital of $1 million. It expects that this will grow at a rate of 3% annually forever.

URGENT
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Franklin Industries has a current net working capital of $1 million. It expects that this will grow at a rate of 3% annually forever. What growth rate in working capital would the firm require in order to achieve a $2 million increase in firm value, given that it has a cost of capital of 7%? 3.3% 217% 1.4% 2%

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