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Use the information for the question(s) below. Omicron Industries' Market Value Balance Sheet ($ Millions) and Cost of Capital Omicron Industries' New Project Free Cash

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Use the information for the question(s) below. Omicron Industries' Market Value Balance Sheet (\$ Millions) and Cost of Capital Omicron Industries' New Project Free Cash Flows (Millions) Assume that this new project is of average risk for Omicron and that the firm wants to hold constant its debt to equity ratio. The debt capacity for Omicron's new project in year 1 is closest to (\$ Million) (2 decimal places)

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