A firm currently has no debt (all-equity) and has a total value of $66 million with an unlevered cost of capital of 14%. Suppose the firm wants to recapitalize to include $20 million of perpetual debt. The return of the newly issued debt is 6% and the corporate tax rate is 33%. What is the firm's new dollar value of equity after the recapitalization? Indicate your answer in millions and round to two decimal places. Do not put ' $ ' in your response. Your