Hi,
The device is designed to operate up to 48 MHz, but the Processor Expert configurations just check if the values you are setting are possible. The reason why the 49.99936 MHz is possible is because the value for the MCGFFCLK [kHz] is 39.062 kHz. For FEI mode the MCGFFCLK is driven from the Slow internal reference clock that has a value of 32 KHz. There are two internal reference clock options like the Reference Manual mentions:
24.4.3 MCG Internal Reference Clocks
This module supports two internal reference clocks with nominal frequencies of 32 kHz
(slow IRC) and 4 MHz (fast IRC). The fast IRC frequency can be divided down by
programming of the FCRDIV to produce a frequency range of 32 kHz to 4 MHz.
The default value in the Processor Expert configurations for the Slow internal reference clock is 32.768 and this will allow a frequency of 47.97 for the MCG OUT.

Please check your configurations to match the picture.
Hope this information can help you.
Best Regards,
Adrian Sanchez Cano
Technical Support Engineer
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