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Apple Music is going buy the Beyonce music catalogue. She gets $65 million five years from today. Also, she gets $40 million payments starting at

Apple Music is going buy the Beyonce music catalogue. She gets $65 million five years from today. Also, she gets $40 million payments starting at the end of year 1 for a total of 20 payments. At the end of 25 years, she gets an additional $89.28 million payment. Assume a discount rate of 8% and annual compounding. What is the PV of her sale proceeds? use the $ symbol and round to the nearest million.

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