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Yup. And if you follow the rules and don't attempt to make an epub jump through design hoops inappropriate to its nature, you'll find the job remarkably easy!
What you SHOULDN'T do is prepare PDF files with all the niceties of layout appropriate to a printed edition and THEN think about the eBook.
(Though I can make money untangling that particular bag of worms, so sure, do it that way and send me the job!)
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