The free cash flow to the firm is reported as $405 million. The interest expense to the firm is $76 million. If the tax rate is 35% and the net debt of the firm increased by $50 million, what is the free cash flow to the equity holders of the firm?
A) $405.6 million
B) $454.2 million
C) $505.8 million
D) $553.5 million
Correct Answer:
Verified
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