Anderson Corporation expects to generate free$-$cash flows of $$600,000$ per year for the next five years. Beyond that time, free cash flows are expected to grow at a constant rate of $6$ percent per year forever. If the firm's average cost of capital is $15$ percent, the market value of the firm's debt is $$700,000,$ and Anderson has a half million shares of stock outstanding, what is the value of Anderson's stock?

$$8\mathrm{.}01$

$$9\mathrm{.}65$

$$7\mathrm{.}43$

$$6\mathrm{.}57$