ABC Enterprises has FCFF of $485 million and FCFE of $600 million. ABC's beforetax cost of debt is 3.3%, and its required rate of return for equity is 8.8%. The company expects a target capital structure consisting of 10% debt financing and 90% equity financing. The tax rate is 21%, and FCFF is expected to grow forever at 4%. ABC Enterprises has debt outstanding with a market value of $1 billion. What is the value of ABC's equity using the FCFF valuation approach? Your answer should be in millions and rounded to zero decimal places. Your