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Which of the following best describes free cash flow to the firm? a . Cash flow available for distribution to shareholders after capital expenditures. b

Which of the following best describes free cash flow to the firm?
a. Cash flow available for distribution to shareholders after capital expenditures.
b. Cash flow available to the providers of capital (debt and equity) holders after capital expenditures
c. Net income plus depreciation plus interest paid on debt
d. Net income plus depreciation plus dividends paid
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