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4 . A firm has total free cash flow to the firm ( FCFF ) of $ 1 0 4 million. The tax rate 3

4. A firm has total free cash flow to the firm (FCFF) of $104 million. The tax rate
35%, and the income statement shows depreciation of $30 million. If total capit expenditures are $30 million and net working capital decreased by $20 million is the firm's EBIT?
A) $57
B) $160
C) $190.77
D) Noneoftheabove

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