A company expected to have free cash flow in the coming year of $9 million, and this free cash flow is expected to grow at a rate of 3% per year thereafter. The company has an equity cost of capital of 12.70%, a debt cost of capital of 6.5%, and it has a 21% corporate tax rate. If the company currently maintains a .5 debt to equity ratio, what is the present value of the interest tax shield in $ million?

		$0.00
		$1.99
		$4.73
		$7.47
		$10.21