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You are a newly elected member of the board of directors in a publicly traded firm. The board is discussing the method of distribution to
You are a newly elected member of the board of directors in a publicly traded firm. The board is discussing the method of distribution to shareholders given projected free cash flows of +95.2, -25.6, +213.4, -4.3, and 5.2 over the next five years. What are the things the board must consider in order to make a free cash flow distribution decision that is satisfactory to the firm and shareholders?
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