3. Company C has free cash flow of 3 million for the current year and is expected to grow at a compound annual rate of 12% over the next five years at a cost of equity of 15%. Thereafter, Company C is expected to enter a period of stable growth, averaging 5% per year, with a cost of capital of 8%. Currently, the market value of Company C's outstanding debt is $30 million. What is the value of all of Company C's equity calculated using the DCF model