Pruitt Inc is considering recapitalizing. It currently has no debt, FCF = $50 million, growth is zero, its beta is 1.0, the risk free rate is 4% and the market risk premium is 6%. Pruitt would like to recapitalize so that its percentage of debt is 30%. This debt will have an interest rate of 5%. Its tax rate is 25%. What will Pruitt's value of operations (in $millions) be after the recapitalization? Hint: you need the WACC after the