Question: Suppose that CoCo decides introduce a new diet soft drink in the market. The product is expected to sell well but it will likely reduce

Suppose that CoCo decides introduce a new diet soft drink in the market. The product is expected to sell well but it will likely reduce the sales of some of their other products. Analysts expect that the other diet drinks that CoCo sells will lose $23.00 million in sales per year. The after-tax operating margin on sales for CoCo is 27.00%. What is the yearly side effect for introducing the new product? (Express as positive number and answer in terms of MILLIONS, so 1,000,000 would be 1.00)

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