8. Given the following data: FCF1 $20 million; FCF2-$20 million: FCF3 $20 million: free cash flow grows at a rate of 5% for year 4 and beyond. The risk-free rate is 5%, the equity beta is 1, and the market risk premiumn is 6%. The firm currently has a bond issue outstanding worth $8 million. The yield to maturity on its outstanding bonds is 9%. The firm's book equity value is $8 million. Its stocks are currently trading at $40. The total number of shares outstanding is 250,000. Its tax rate is 40%. Calculate the value of the firm