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DekCo expects to earn operating profit of $ 1 2 , 5 0 0 , 0 0 0 and net income of $ 9 ,

DekCo expects to earn operating profit of $12,500,000 and net income of $9,401,000 next year. Depreciation will total $715,000 and the firm's tax rate is 21%. The firm has debt totaling $10,000,000 outstanding at an interest rate of 6%. DekCo expects to invest $500,000 to fund an increase in operating working capital and $750,000 in capital expenditures. The firm's weighted average cost of capital is 12%. Based on these assumptions, find the expected free cash flow to the firm (unlevered free cash flow) for DCF purposes. Show all results with one decimal for numbers and two decimals for percent responses using the following format: 1,234.5 or 12.32%. For any questions requiring days, assume a 365 day year.

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