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A company has operating assets of $540 million and operating liabilities of $103 million and an expected EBIT of $81 million. What is the company's
A company has operating assets of $540 million and operating liabilities of $103 million and an expected EBIT of $81 million. What is the company's expected residual operating income (to one decimal place) if its WACC is 9.6% and the corporate tax rate is 30%?
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