Right now Blue and White Taxis is an all equity financed corporation worth 64 million dollars. The company's CFO wants to change the company's capital structure so the company is 46% debt financed. Assuming there is no tax shield of debt, how much will Blue and White Taxis' equity be worth after implementing this new capital structure?

(Enter your answer in millions. i.e. 5.5 million, not 5,500,000)