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You observe the following information. What is the current FCFE? Your answer should be in millions. Your You observe the following information. Interest Expense $11

You observe the following information. What is the current FCFE? Your answer should be in millions. Your

You observe the following information. Interest Expense $11 million PP&E Cash Flow from Operations Debt Repaid Debt Issued Stock Price Shares Outstanding ax Rate Cost of Equity $44 million $86 million $6 million $9 million 10 100 million .21 .06 FCFE Growth Rate .02 FCFF Growth Rate L .03 What is the current FCFE? Your answer should be in millions. Your Answer: Answer

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