A firm C expects the following cash flows in the next 3 years:

	0	1	2	3
FCF	-10,500.00	5,100.00	5,700.00	5,500.00

after year 3 cash flows will remain constant.

The firm shows a leverage of 1.67 and the beta of the firm's equity is 2.7. If the market and risk-free rates of return are 14 % and 5 %, respectively. What is the value of this firm?

Please insert the amount (e.g. 1234.00 instead of 1,234).