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After-tax EBIT = $40 million; Depreciation = $12 million; Interest expense = $8 million; Investment in fixed assets = $24 million; and Increase in working

After-tax EBIT = $40 million; Depreciation = $12 million; Interest expense = $8 million; Investment in fixed assets = $24 million; and Increase in working capital = $8 million

What is the unlevered after-tax cash flow for 2018?

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