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A firm has EBIT of $6.42 per share and depreciation per share of $1.82. Its tax rate is 22.9%. They have spent $1.49 per share

A firm has EBIT of $6.42 per share and depreciation per share of $1.82. Its tax rate is 22.9%. They have spent $1.49 per share on new capital projects (CAPEX), and they also spent $0.94 on net investment in new inventory.

What is their free cash flow to the firm (FCFF)?

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