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13) The free cash flow to the firm is reported as $305 million. The interest expense to the firm is $76 million. If the tax

13) The free cash flow to the firm is reported as $305 million. The interest expense to the firm is $76 million. If the tax rate is 21% and the net debt of the firm increased by $50 million, what is the free cash flow to the equity holders of the firm?

A. $305.6 million

B. $553.50 million

C. $294.96 million

D. $505.81 million

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