Question: 1 , You are given the following information for a firm: EBIT this period = $ 1 0 . 9 million Corporate Tax Rate =

1, You are given the following information for a firm:
EBIT this period = $10.9 million
Corporate Tax Rate =34%
Depreciation = $2 million
Net Working Capital Increase = $3.6 million
Debt Equity Ratio =0.54
Equity Beta =1.2
Capital Expenditures =0
What is the FCF? Your answer should be in $millions. For example, if your answer is $7.34 million, then enter 7.34 in the answer box.

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