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Lauryns Doll Co. had EBIT last year of $42 million, which is net of a depreciation expense of $4.2 million. In addition, Lauryns made $6

Lauryns Doll Co. had EBIT last year of $42 million, which is net of a depreciation expense of $4.2 million. In addition, Lauryns made $6 million in capital expenditures and increased net working capital by $1.0 million. Assume that Lauryns has a reported equity beta of 1.4, a debt-to-equity ratio of 0.5, and a tax rate of 30 percent. What is Lauryns FCF for the year? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)

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