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THE IMPACT OF FREE CASH FLOW ON THE FIRM VALUE.

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        Table 4.1 Descriptive Statistics Test
Table 4.3 shows that the value of Tolerance (TOL) of all independent
table is dU=1.7990 which means that (4-dU=2.201) and dL=1.7382. The DW

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Table 1: Variable definition and measurement Variable Abbreviation Variable Name Measurement Method Dependent Variable FCF Free cash flow EBITDA – taxes – interest paid on debt –