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4. Problem 17-04 (Calculation of FCFE) eBook Calculation of FCFE A company has the following information: Earnings before interest and taxes Interest expense Tax rate

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4. Problem 17-04 (Calculation of FCFE) eBook Calculation of FCFE A company has the following information: Earnings before interest and taxes Interest expense Tax rate Net change in debt Investment in total capital $ 130.00 $ 15.00 40% $ 11.00 $ 9.00 What is its free cash flow to equity? Do not round intermediate calculations. Round your answer to the nearest cent. $

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