Q$21$: An anabst following Bariow Energy has correied the foilowing information in preparation for addition produca $($data is in hendreds af milians of $$)$:

Prelarred share dividands: $$14$

Net income avalabie to cammon: $$125$

Invesiment in warking capital: $$30$

Irvestment in fixed capilal: $$100$

Net new bortowing: $$40$

Depreciation: $$50$

Tax rater $40$s

Market value of debt is $$600$ and inlerest an this debt is $7\mathrm{.}5\%$

The current FCFF for Barlaw Enargy is diososit to

$$36$

S$\mathrm{.}2.$

$$86$

$$14$