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Free Cash Flow to Equity This year a firm has FCFF of $15.25 million. The firm has interest expense of $3 million and is in

Free Cash Flow to Equity This year a firm has FCFF of $15.25 million. The firm has interest expense of $3 million and is in a 34% tax bracket and debt increased by $5 million. The firm's free cash flow to equity is ____________ million.

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$15.25

$13.27

$7.25

$18.27

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