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Gamma Pharmaceuticals has the following financial information for the current year and projected for next year. Calculate Gamma's projected free cash flow to equity. Current

Gamma Pharmaceuticals has the following financial information for the current year and projected for next year. Calculate Gamma's projected free cash flow to equity.

	Current year	Projected
NOPAT	NA	1,000
Total operating capital	2,000	2,200
Total debt	900	800
Interest rate on debt	6%	6%
Tax rate	25%	25%

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