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BH Corp's free cash flow to the firm is expected to be $114 million. The firm's interest expense is $24 million. Assume the tax rate

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BH Corp's free cash flow to the firm is expected to be $114 million. The firm's interest expense is $24 million. Assume the tax rate is 35% and the net debt of the firm increases by $6 million. What is the market value of equity if the FCFE is projected to grow at 2% indefinitely and the cost of equity is 14%? Enter your answer in millions, rounded to one decimal place (e.g., 3.4 for $3.4 million)

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