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A company has the following information: Earnings before interest and taxes $120.00 Interest expense $15.00 Tax rate 25% Net change in debt $10.00 Investment in

A company has the following information:

Earnings before interest and taxes $120.00
Interest expense $15.00
Tax rate 25%
Net change in debt $10.00
Investment in total capital $8.00

What is its free cash flow to equity? Do not round intermediate calculations. Round your answer to the nearest cent.

$

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