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income [ E B I T ( 1 - T ) ] = $ 1 , 5 5 0 ; and Total assets = $

income [EBIT(1-T)]=$1,550; and Total assets =$2,400. Assume the firm had no excess cash. How much free cash flow did the firm generate during 2021?
a. $1,150 million
b. $1,950 million
c. $1,325 million
d. $425 million
e. $1,225 million
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