27. If annual operating income is expected to be 1,000,000 forever, cost of capital is expected to be 10%, what is the market value of equity in one year if CSE is expected to be 500,000 in one year and NOA is expected to be 800,000 in one year and to be forever. A. 10,000,000 B. 10,500,000 C. 9,200,000 D. 9,700,000 E. None