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Given are the following data for year 1: Profit after taxes = $5 million; Depreciation = $2 million; Investment in fixed assets = $4 million;

Given are the following data for year 1: Profit after taxes = $5 million; Depreciation = $2 million; Investment in fixed assets = $4 million; Investment net working capital = $1 million. Calculate the free cash flow (FCF) for year 1:

Group of answer choices

$7 million.

$3 million.

$11 million.

$2 million.

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