A firm with no debt produced Free cash flow $3000 in 2015 and borrowed money to buy
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- A firm with no debt produced Free cash flow $3000 in 2015 and borrowed money to buy back shares of stock. Borrowing in 2015 amounted $1300 generating interest expense $80. The firm made no capital investment but add $1,200 to its cash during 2015. tax rate was 25%. what would be cash flow to shareholder in 2015?
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