Consider a company that is currently all-equity financed with a share price of $10.7 and 3.9M (M=million) outstanding shares. The corporate tax rate is 21%. The company unexpectedly announces a leveraged recap: it will soon borrow $13.0M in permanent debt in order to buy back existing equity shares. The debt is risk-free. Q: How many shares remain outstanding in the market after the leveraged recap? Report your answer in million (M) and round it to 2 decimal places